Three years ago Macrovision Corporation acquired Macrovision’s Software Business Unit. Now it’s time for changes again for the company behind software license manager FlexNet.
Teachers’ Private Capital to Acquire Majority Stake in Flexera Software
SCHAUMBURG, IL (July 19, 2011): Flexera Software, the leading provider of strategic Application Usage Management solutions for application producers and their enterprise customers, today announced that Teachers’ Private Capital, the private investment department of the Ontario Teachers’ Pension Plan, has agreed to acquire a majority stake in Flexera Software from Thoma Bravo, LLC, a private equity firm.
The acquisition is scheduled to close in late September 2011. - press release
Let’s hope that there’s not another name change coming again as it is pretty hard to remember the name of the company behind FlexNet (FLEXlm). Now Flexera Software, before that Acresso Software, Macrovision, GLOBEtrotter and GLOBEtrotter Software and Highland Software.