MICRO FOCUS INTERNATIONAL Micro Focus Response on IBM Litigation
Micro Focus was informed of the complaint filed by IBM in the U.S. District Court in the Southern District of New York on 21 November 2022. We believe the claims contained in the complaint to be entirely without merit.
For more than 40 years Micro Focus has been delivering innovation to customers, and we will robustly defend our intellectual property. We look forward to addressing what we consider to be baseless allegations through all available legal channels.
The proposed acquisition of Micro Focus by OpenText and receipt of the associated regulatory approvals are on track for completion in the first calendar quarter of 2023.
We expect these claims to have no impact on the completion of the transaction.
About Micro Focus
Micro Focus is one of the world's largest enterprise software providers, focused on solving the IT dilemma-how to balance today's needs with tomorrow's opportunities. We deliver mission-critical technology that helps tens of thousands of customers worldwide manage core IT elements of their business. Strengthened by our strategic services and support organizations, and an extensive partner network, our broad set of technologies for security, IT operations, application delivery, governance, modernization, and analytics provides the innovative solutions organizations need to run and transform- at the same time.
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Micro Focus International plc published this content on 23 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 November 2022 15:58:03 UTC.
