Flexera

Last updated
Flexera
Formerly
  • Acresso Software (2008-2009)
Company type Private
Industry Technology
Founded1988;36 years ago (1988)
Headquarters,
Area served
Worldwide
Key people
Number of employees
1,300+
Subsidiaries
Website www.flexera.com OOjs UI icon edit-ltr-progressive.svg

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.

Contents

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, North Carolina–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

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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.
  5. "Flexera Named a Leader in the 2020 Magic Quadrant for Software Asset Management Tools". Yahoo! Finance. GlobalNewswire. 24 July 2020. 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.