# OpenText Pushes Acquisitive Approach to Growth With $6B Micro Focus Deal

URL:: https://techcrunch.com/2022/08/26/opentext-pushes-acquisitive-approach-to-growth-with-6b-micro-focus-deal/
Author:: Ron Miller
## Highlights
> Micro Focus, which is neither micro nor focused, has run into hard times in recent years, with declining revenue every year since 2018. Further, its stock price has dropped over 44% this year and more than 89% for the prior five years. This morning, it traded at just $3.15 per share on U.S. markets, leaving it vulnerable to a takeover. ([View Highlight](https://read.readwise.io/read/01gddk0qy7crzq0p3g23yejzjf))
---
Title: OpenText Pushes Acquisitive Approach to Growth With $6B Micro Focus Deal
Author: Ron Miller
Tags: readwise, articles
date: 2024-01-30
---
# OpenText Pushes Acquisitive Approach to Growth With $6B Micro Focus Deal

URL:: https://techcrunch.com/2022/08/26/opentext-pushes-acquisitive-approach-to-growth-with-6b-micro-focus-deal/
Author:: Ron Miller
## AI-Generated Summary
OpenText needs to keep acquiring, since their legacy platforms are all in long, slow decline as licensees eventually exit for more modern platforms
## Highlights
> Micro Focus, which is neither micro nor focused, has run into hard times in recent years, with declining revenue every year since 2018. Further, its stock price has dropped over 44% this year and more than 89% for the prior five years. This morning, it traded at just $3.15 per share on U.S. markets, leaving it vulnerable to a takeover. ([View Highlight](https://read.readwise.io/read/01gddk0qy7crzq0p3g23yejzjf))