Posts Tagged ‘Micro’

VMware unveils open PaaS software Micro Cloud Foundry

August 25th, 2011

Offers developers choice of frameworks, application infrastructure services and clouds in which to deploy applications

Virtualization and cloud infrastructure provider VMware has introduced an open Platform as a Service (PaaS) software Micro Cloud Foundry.

Micro Cloud Foundry, a complete version of Cloud Foundry, runs directly on a developers’ machine and offers developers choice of frameworks, application infrastructure services and clouds in which to deploy applications.

The application lets developers build cloud applications locally, without the hassles of configuring middleware while preserving the choice of where to deploy and the ability to scale their applications without changing a line of code.

Because Micro Cloud Foundry runs in a local virtual machine, developers can eliminate the need to install and configure complex application infrastructure and thereby greatly accelerate their application development process.

VMware Cloud and Application Services VP Jerry Chen said Micro Cloud Foundry gives developers a full cloud development environment that combines all the flexibility of local development with the ability to deploy and scale their applications anywhere in the future.

“Micro Cloud Foundry gives developers the ability to build cutting edge cloud applications while exploring the latest developer frameworks and application services without configuration hassles,” Chen said.

The first version of Micro Cloud Foundry supports Spring for Java, Ruby on Rails and Sinatra, Node.js, Grails and other JVM-based frameworks including Scala Lift, MongoDB, MySQL and Redis application services.

VMware plans to include support for additional VMware vFabric services in future versions of Micro Cloud Foundry.

Micro Cloud Foundry supports Cloud Foundry’s scriptable command line interface and integration with the Eclipse-based SpringSource Tool Suite (STS), which allows developers to retarget deployments between on-premise and public environments without code modifications.

Developers can run their Micro Cloud Foundry wherever they happen to be working – whether at home, office or coffee shop – without any reconfiguration required.

Micro Cloud Foundry is compatible with VMware Fusion for Mac OS X and VMware Workstation and VMware Player (available as a free download) for Linux and Windows computers.

Micro Cloud Foundry is the third element of Cloud Foundry to become available.

The first two, which debuted on 12 April 2011, are CloudFoundry.com, a public cloud PaaS environment; and CloudFoundry.org, an open source project that allows developers and community members to collaborate and contribute to the Cloud Foundry project.

Source:http://opensource.cbronline.com/news/vmware-unveils-open-paas-software-micro-cloud-foundry-250811

Micro Focus sale talks collapse

August 23rd, 2011

UK software firm Micro Focus has watched its share price slide after revealing that takeover talks with two finance houses have come to an end without a deal being struck.

Originally the firm had set last Friday as the deadline for talks but revealed that after receiving feedback from the potential bidders yesterday it had decided to terminate the process.

According to sources one of those that was potentially buying, Advent International, blamed current market conditions for the move to end talks.

The impact on Micro Focus, which has been looking for a buyer since April, was felt in the share price which dropped by 4% but there were some positive reactions from some analysts to the announcement that the vendor will start buying back its shares.

Source:http://www.microscope.co.uk/news/vendor-news/micro-focus-sale-talks-collapse/

Micro Focus Ends Takeover Talks, Resumes Share Buyback

August 23rd, 2011

Micro Focus International Plc (MCRO), a U.K. software provider, said it ended takeover discussions and will instead resume a share buyback program.
The Newbury, England-based company had set a deadline of Aug. 19 for final offers after receiving a preliminary approach in April, it said today in a statement. The offer period has expired, it said.
“As a board we didn’t believe that short-term turmoil in the stock price was any reason why a price should be lower than the value of the company, so our view of the value of the company is no different as it was back in April,” Chairman Kevin Loosemore said today in a conference call. “We are very conscious that private equity buyers by their very nature will always look to get the best possible price because their aim is to buy cheap and get the best possible return, but we actually got no firm offers on Friday.”
The company may buy back more than 12 million common shares, having already bought more than 8 million, according to the statement.
“Micro Focus management faces the challenge of rebuilding market sentiment towards a stock that has been exhaustively examined and cast aside by potential private equity buyers,” analysts from Jefferies International Limited wrote in a note to clients today. “Substantial operational and strategic issues persist and we expect continued pressure on organic growth rates and margins.”
Micro Focus shares fell 3.4 percent to 254 pence at the 4:30 p.m. close in London trading, after earlier falling as much as 12 percent. The stock is down 35 percent this year, giving the company a market value of 502.5 million pounds ($826 million).
Bain Capital LLC and Advent International Corp. were among private-equity funds that had made an approach for the software provider, the company said in a statement in May.
Bain agreed to buy MYOB Pty Ltd., an Australian business management software maker, for an undisclosed sum this weekend, the U.S. private equity fund said in a statement.

Source:http://www.bloomberg.com/news/2011-08-22/micro-focus-ends-takeover-talks-resumes-share-buyback-program.html

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