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Flexera

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Flexera
Formerly
  • Acresso Software (2008-2009)
Company typePrivate
IndustryTechnology
Founded1988; 36 years ago (1988)
Headquarters,
Area served
Worldwide
Key people
Number of employees
1,300+
Subsidiaries
Websitewww.flexera.com Edit this at Wikidata

Flexera is an American computer software company based in Itasca, Illinois. It is a business-focused organization which works in software asset management and cloud management.

History

On 1 April 2008, Macrovision sold its software division to the Thoma Bravo investment fund,[1] which became Acresso Software. Macrovision subsequently changed its name to Rovi Corporation.

In October 2009, Acresso Software, Inc. became Flexera Software after a legal threat from Agresso Software.[2]

On July 19, 2011, Thoma Bravo sold a majority stake in Flexera Software LLC to Teachers' Private Capital, the private investment department of the Ontario Teachers' Pension Plan. The transaction was finalized on October 3, 2011.[3]

In 2020, Flexera released their SaaS platform Flexera One.

On May 28, 2020, Flexera launched a new division called Revenera.[4] Revenera is a business-focused organization which works in monetization, software composition analysis, and installation (computer programs) software.

In February 2020, Flexera was ranked in the Gartner Magic Quadrant as a leader in Cloud Management Platforms. In July, Flexera was ranked also ranked a leader for Software Asset Management Tools for the third consecutive year.[5]

Acquisitions

Flexera acquired Australian based ManageSoft in 2010.[6] Managesoft was OSA (Open Software Associates), which itself came out of HP's Australian Software Organisation.

On September 15, 2015, Flexera acquired Denmark based Secunia for an undisclosed amount.[7]

On September 17, 2017, Flexera announced the completion of the acquisition of BDNA. [8]

On September 26, 2018, Flexera acquired RightScale for an undisclosed amount.[9]

On June 5, 2019, Flexera acquired Asheville, NC based RISC Networks for an undisclosed amount.[10]

On February 5, 2020, Flexera acquired software usage analytics Company Revulytics.[11][12]

On November 28, 2023, Flexera entered into a definitive agreement to acquire Snow Software, a software asset management company based in Sweden for an undisclosed sum.[13]. The acquisition was completed February 15, 2024.[14]

See also

References

  1. ^ "Thoma Bravo Completes Acquisition of Macrovision's Software Business Unit". Archived from the original on 2013-06-02. Retrieved 2009-11-09.
  2. ^ Lai, Eric (October 10, 2009). "Acresso who? Macrovision spinoff changes name, again". ComputerWorld. Retrieved 11 March 2024.
  3. ^ "Flexera's Owners Pursue Sale for Up to $3 Billion". Bloomberg.com. 6 May 2019. Retrieved 1 June 2020.
  4. ^ Desk, AIT News (2020-05-29). "Revenera: Flexera Rebrands Its Division Serving Software and IoT Companies". AiThority. Retrieved 2023-04-10. {{cite web}}: |last= has generic name (help)
  5. ^ "Flexera Named a Leader in the 2020 Magic Quadrant for Software Asset Management Tools". Yahoo! Finance. GlobalNewswire. Retrieved 11 March 2024.
  6. ^ Flexera Software Acquires ManageSoft
  7. ^ Kuranda, Sarah (September 15, 2015). "Flexera Acquires Secunia To Create One-Stop Shop For Software Licensing, Vulnerability Management". CRN. CRN. Retrieved 11 March 2024.
  8. ^ "Flexera Completes Acquisition of BDNA". Flexera Blog. 2017-09-19. Retrieved 2023-12-18.
  9. ^ MSV, Janakiram. "Flexera Acquires RightScale - The Multi-Cloud Management Platform Company". Forbes. Retrieved 2018-11-25.
  10. ^ Dignan, Larry. "Flexera buys RISC Networks to bolster cloud migration efforts". ZDnet. Retrieved 2019-06-07.
  11. ^ jirehl (21 February 2020). "Flexera Expands Into Critical Software Usage Analytics Space | The Software Report". Retrieved 2020-02-28.
  12. ^ "Flexera acquires software usage analytics startup Revulytics". Tech News | Startups News. 2020-02-05. Retrieved 2020-02-28.
  13. ^ "Flexera enters into definitive agreement to acquire Snow Software, broadening its portfolio for technology value optimization". Flexera. Retrieved 11 March 2024.
  14. ^ "Flexera Completes Acquisition of Snow Software, Broadening its Portfolio for Technology Value Optimization". Flexera. Retrieved 11 March 2024.