On March 22, 2016, Micro Focus announced its intent to acquire Serena Software, Inc., a leading provider of Application Lifecycle Management (ALM) software, in a transaction valued at $540 million. The acquisition is expected to close in early May 2016, subject to receipt of competition clearances in the United States and Germany.
The WilmerHale team on the deal was led by Partner Hal Leibowitz and included Partners Belinda Juran, Jeff Hermanson, Julie Hogan Rodgers, Amy Null and Laura Schneider, and Counsel Eric Hanson.
The press release announcing the deal can be found at www.microfocus.com.