Serena Software Yahoo Finance
Serena Software, while not directly tracked under that name on Yahoo Finance in recent times, has a historical connection to Micro Focus International. Micro Focus acquired Serena Software in 2016. Therefore, information regarding Serena's past performance and impact can be gleaned through analyzing historical data related to Micro Focus, especially prior to its own acquisition by OpenText in January 2023.
Before its acquisition, Serena Software was a significant player in the Application Lifecycle Management (ALM) and IT Service Management (ITSM) software space. They provided solutions that helped large organizations manage software development, release management, and IT operations. Key offerings included software for change management, release automation, and requirements management. Their target audience was typically enterprise-level clients needing robust and scalable solutions for complex IT environments.
Unfortunately, directly searching Yahoo Finance for "Serena Software" will likely not yield current stock prices or detailed financial information because it no longer exists as a separate, publicly traded entity. Any results found would be historical and potentially outdated snapshots of the company before its merger.
To understand the financial implications of the acquisition of Serena, one needs to examine the impact on Micro Focus. This involved looking at Micro Focus's financial reports following the acquisition. This includes studying their revenue growth, profitability, and debt levels after integrating Serena's assets and operations. Key metrics to consider would be revenue attributable to the acquired Serena products and the overall effect on Micro Focus’s earnings per share. Furthermore, examining the market reaction to the acquisition through Micro Focus's stock performance in the period following the 2016 acquisition would provide valuable insights.
However, even information related to Micro Focus specifically on Yahoo Finance will now be largely historical, reflecting the company's performance leading up to its acquisition by OpenText. Post-OpenText acquisition, any relevant Serena-related assets are integrated into OpenText's portfolio. Therefore, analyzing OpenText’s financial performance would indirectly reflect the performance of the former Serena assets, but isolating specific data related to Serena's products becomes much more difficult.
In conclusion, while you can't directly track Serena Software on Yahoo Finance today, understanding its influence requires looking at the historical performance of Micro Focus after the acquisition in 2016. Understanding the strategic rationale behind Micro Focus's acquisition of Serena, the integration process, and its impact on Micro Focus's financials, as well as the subsequent acquisition of Micro Focus by OpenText, are crucial to grasping Serena's longer-term impact on the market. Data from financial news sources and historical market data for Micro Focus, available on Yahoo Finance and other financial platforms, can paint a picture of Serena's legacy.