Latest Acquisition Demonstrates Commitment to Long-term Customer Value, Portfolio Expansion
ROCKVILLE, Md., Oct. 4, 2016 /PRNewswire/ -- Micro Focus (LSE: MCRO.L) today announced the acquisition of GWAVA, Inc., a worldwide leader in Enterprise Information Archiving (EIA). The transaction extends Micro Focus's rapidly growing software portfolio and comes on the heels of its announcement to merge with Hewlett Packard Enterprise's (HPE) Software Business Segment.
"Micro Focus has continuously made acquisitions that have allowed it to further develop its customer value proposition and extend its product portfolio," said Micro Focus CEO, Stephen Murdoch. "Today's organizations need to maximize the value of their existing IT infrastructure, while still embracing the opportunities presented by new technology so they can innovate faster with the lowest possible risk. The acquisition of GWAVA serves both purposes of protecting and further expanding value to our loyal customers, while adding leadership in the growth market of Enterprise Information Archiving."
According to industry analyst firm Gartner, "EIA has emerged as a commonly used technology underpinning higher-level use cases supporting compliance, information governance, e-discovery and historical preservation of data. Originating as a technology solution targeted specifically at email applications, the EIA market has expanded to include broad support for multiple content types."1
The addition of GWAVA solutions broadens Micro Focus's portfolio in the high-growth areas of Mobile, Social, Cloud and Big Data and helps address the growing governance needs of customers as part of their compliance, privacy and regulatory reporting requirements. EIA specifically delivers the ability to archive all electronic business communication data in one central location, including:
Email (Exchange, Office 365, Gmail and GroupWise)
Mobile communication (text messaging)
In addition to GWAVA's award winning EIA product Retain, GWAVA has a full suite of products to protect, optimize, secure and ensure compliance for customers running Micro Focus GroupWise.
"The technology landscape continues to transform, and we are excited to join Micro Focus to further collaborate on solutions and offerings that provide customers greater choices in how they manage business communications in complex and rapidly changing markets," commented Ken Muir, CEO, GWAVA. "A typical Micro Focus customer operates globally and manages a complex and continually changing IT infrastructure. Naturally, they have requirements to archive and manage communication data with minimal exposure to viruses, malware and spam. GWAVA solutions will fill an essential missing piece to the growing Micro Focus portfolio."
About Micro Focus Micro Focus (LSE: MCRO.L) is a global enterprise software company helping customers innovate faster with lower risk. Our software helps customers build, operate and secure IT systems that bring together existing business logic and applications with emerging technologies to meet increasingly complex business demands. For more information, visit: www.microfocus.comhttp://www.microfocus.com/.
About GWAVA For more than a decade GWAVA remains unsurpassed at protecting electronic messaging infrastructures and providing those systems with superior unified archiving. GWAVA is headquartered in Montreal, Quebec with offices throughout the US, Germany, and the United Kingdom. GWAVA maintains a network of global strategic partners with BlackBerry, Samsung, Microsoft and Verizon. Information on GWAVA can be found at www.GWAVA.com.
1 "Gartner Magic Quadrant for Enterprise Information Archiving," by Alan Dayley, Garth Landers and Anthony Kros, October 29, 2015.