- Hewlett Packard Enterprise (NYSE:HPE) has completed the spinoff of much of its software business, merging it with Britain's Micro Focus (OTC:MCFYY).
- The step marks the end of HPE's unhappy tangle with Autonomy, which it acquired for $11B to transform into an enterprise software leader.
- The ink was barely dry on the much-criticized deal when the company took an $8.8B writedown on it.
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