With operations in 11 countries, Serena Software Inc. is an American

software Software is a set of computer programs and associated documentation and data. This is in contrast to hardware, from which the system is built and which actually performs the work. At the lowest programming level, executable code consists ...

company that provides IT management products to enterprises. Serena solutions offer a process orchestration approach and span the areas of development,

DevOps DevOps is a set of practices that combines software development (''Dev'') and IT operations (''Ops''). It aims to shorten the systems development life cycle and provide continuous delivery with high software quality. DevOps is complementary to a ...

and

IT management Information technology management or IT management is the discipline whereby all of the information technology resources of a firm are managed in accordance with its needs and priorities. Managing the responsibility within a company entails many o ...

. Serena is headquartered in

Silicon Valley, California Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo County ...

and has 400+ employees. The company has been a subsidiary of the British software and information company

Micro Focus Micro Focus International plc is a British multinational software and information technology business based in Newbury, Berkshire, England. The firm provides software and consultancy. The company is listed on the London Stock Exchange and is ...

since 2016.

History

Serena Software acquired Merant Software in 2004 which provided Serena ownership rights to Polytron Version Control System (PVCS). In May 2004, Serena announced it would acquire TeamShare, producers of the defect management system TeamTrack. This later became Serena Business Mashups (SBM), which was shortly renamed Serena Business Manager. In November 2005, Serena Software announced that it had agreed to be acquired by

Silver Lake Partners Silver Lake is an American global private equity firm focused on investments in technology, technology-enabled and related industries. Founded in 1999, the firm is one of the largest technology investors in the world. Its investment holdings have ...

in a

leveraged buyout A leveraged buyout (LBO) is one company's acquisition of another company using a significant amount of borrowed money (leverage) to meet the cost of acquisition. The assets of the company being acquired are often used as collateral for the loan ...

transaction. The buyout was announced at a price of per share in cash, and the transaction occurred in 2006. Following the transaction, Silver Lake, a technology focused

private equity In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a ty ...

firm acquired about 70% of the Serena stock. The Silver Lake Partners acquisition resulted in no immediate changes to the executive management team and daily operations continued much as they had before. In October 2006, Serena announced the acquisition of Pacific Edge Software to enter the emerging

project portfolio management Project portfolio management (PPM) is the centralized management of the processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage current or proposed projects based on num ...

(PPM) market. Mariner, a leading provider of Project and Portfolio Management (PPM) solutions was determined to be a good match for Serena's existing portfolio of products. After Pacific Edge, Serena made a number of more minor acquisitions, purchasing prototyping technology from Apptero, requirements management technology from Integrated Chipware and asset discovery technology from Data Sciences Corporation. In September 2008 Serena announced the acquisition of Projity, an open source

software as a service Software as a service (SaaS ) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. SaaS is also known as "on-demand software" and Web-based/Web-hosted software. SaaS is con ...

(SaaS)-based project management company. John Nugent was appointed CEO in November 2009. In November 2010, Serena announced a new strategy to orchestrate application delivery with a process-driven approach. In January 2012, Serena's solutions for Orchestrated IT, Serena Service Manager (SSM) and Serena Release Manager (SRM) were named finalists for the Pink Elephant 2011 Innovation of the Year Award. In February 2012, Serena Service Manager was named the winner of Pink Elephant's 2011 Innovation of the Year Award. Greg Hughes was appointed CEO in January 2013. During 2013 Serena tried to address falling profits and increase operating margins by reducing its workforce by some 175 employees, hoping to cut operating expenses for the fiscal year 2014. By July the company had total outstanding debt of US$410 million. In March 2014, Serena announced the acquisition of the company by a partnership of founder Doug Troxel and private equity firm HGGC. The acquisition was completed in April 2014. In March 22, 2016, Micro Focus announced its intent to acquire Serena Software, Inc., with acquisition expected to close in early May 2016, with transaction valued at . In 2016-05-02, Micro Focus announced it has completed the acquisition.Micro Focus Completes Acquisition of Serena Software, Inc.
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Products

The company provides process-based solutions for managing and automating application development, DevOps and IT operations. The company's revenues are generated through software licenses, maintenance contracts and professional services. Serena's products and solutions address the following industry segments: * Deployment automation (SDA) *

* Request management * Demand management *

Requirements management Requirements management is the process of documenting, analyzing, tracing, prioritizing and agreeing on requirements and then controlling change and communicating to relevant stakeholders. It is a continuous process throughout a project. A require ...

(RM) *

Application lifecycle management Application lifecycle management (ALM) is the product lifecycle management (governance, development, and maintenance) of computer programs. It encompasses requirements management, software architecture, computer programming, software testing, so ...

(ALM) *

Release management Release management is the process of managing, planning, scheduling and controlling a software build through different stages and environments; it includes testing and deploying software releases. Relationship with processes Organizations that ...

(RLM) *

Agile development In software development, agile (sometimes written Agile) practices include requirements discovery and solutions improvement through the collaborative effort of self-organizing and cross-functional teams with their customer(s)/ end user(s), ad ...

Configuration management Configuration management (CM) is a process for establishing and maintaining consistency of a product's performance, functional, and physical attributes with its requirements, design, and operational information throughout its life. The CM proc ...

(

Dimensions CM Dimensions CM is a software change and configuration management product developed by Micro Focus. It includes revision control, change, build and release management capabilities. Since 2014 (v14.1) Dimensions CM includes PulseUno module provid ...

) * Issue & defect management *

IT service management Information technology service management (ITSM) is the activities that are performed by an organization to design, build, deliver, operate and control information technology (IT) services offered to customers. Differing from more technology-or ...

(ITSM) *

Information technology operations Data center management is the collection of tasks performed by those responsible for managing ongoing operation of a data center This includes ''Business service management'' and planning for the future. Historically, ''data center management'' w ...

(IT Operations) *

Product development In business and engineering, new product development (NPD) covers the complete process of bringing a new product to market, renewing an existing product or introducing a product in a new market. A central aspect of NPD is product design, along wi ...

Mainframe A mainframe computer, informally called a mainframe or big iron, is a computer used primarily by large organizations for critical applications like bulk data processing for tasks such as censuses, industry and consumer statistics, enterprise ...

References

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External links

Serena Software Inc.Micro Focus Serena page
2006 mergers and acquisitions 2014 mergers and acquisitions 2016 mergers and acquisitions American subsidiaries of foreign companies Companies based in San Mateo, California Development software companies Micro Focus International Software companies based in the San Francisco Bay Area Software companies established in 1980 Software companies of the United States American companies established in 1980 1980 establishments in California