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Serena Software
Serena Software Inc. is an American software company that provides IT management products to enterprises. Serena solutions offer a process orchestration approach and span the areas of development, DevOps and IT management.
Serena is headquartered in Silicon Valley, California and has 400+ employees. The company became a subsidiary of the British software and information company Micro Focus in 2016. In 2023, Micro Focus (including Serena Software) was acquired by Canadian software company OpenText and remain a subsidiary.
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 in a US$1.2 billion leveraged buyout transaction. The buyout was announced at a price of US$24 per share in cash, and the transaction occurred in 2006. Following the transaction, Silver Lake, a technology focused private equity 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 (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 (SaaS)-based project management company.
John Nugent was appointed CEO in November 2009.
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Serena Software
Serena Software Inc. is an American software company that provides IT management products to enterprises. Serena solutions offer a process orchestration approach and span the areas of development, DevOps and IT management.
Serena is headquartered in Silicon Valley, California and has 400+ employees. The company became a subsidiary of the British software and information company Micro Focus in 2016. In 2023, Micro Focus (including Serena Software) was acquired by Canadian software company OpenText and remain a subsidiary.
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 in a US$1.2 billion leveraged buyout transaction. The buyout was announced at a price of US$24 per share in cash, and the transaction occurred in 2006. Following the transaction, Silver Lake, a technology focused private equity 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 (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 (SaaS)-based project management company.
John Nugent was appointed CEO in November 2009.