Sep 25, 2006 serena makes software for large corporations it infrastructure, specializing in helping companies manage changes and upgrades on mainframes and desktop computers. Serena alm solutions and defect tracking solutions. Silver lake partners is the leading private equity firm focused exclusively on largescale investing in technology, technologyenabled, and related growth industries. Private equity firm hggc, based in palo alto, bought serena from silver lake partners in 2014. Former symantec exec greg hughes named veritas ceo. Silver lake partners and serena shall use commercially reasonable best efforts to obtain stockholder approval in accordance with the terms of section 280g of the internal revenue code in connection with any change in ownership or effective control of serena or any change in the ownership of a substantial portion of the assets of serena. Serena software sold to hggc and founder doug troxel for.
The silver lake partners acquisition resulted in no immediate changes to the executive management team and daily operations continued much as they had. His extensive track record in the software industry and deep strategic expertise will help us better serve our enterprise customers and address longterm opportunities. I spoke with mark woodward, the ceo of serena about the move serena provides software that helps companies manage their information technology and has been in business 26 years and has. Hggc to buy serena software from silver lake the new york times.
Managing director and general counsel of silver lake partners and alpine. View immixgroups profile site for serena software, inc. Silver lake in advanced talks to sell serena software sources. Serena s core purpose is to advance the business value of it. Private equity firm to buy serena software infoworld. Silverlake system is a competitively distinct, extremely powerful banking platform that provides highly. Veritas veteran becomes new big cheese at symantec spinoff. Lake serena is a 42acre manmade lake with approximately five miles of shoreline. Dell enters into agreement to be acquired by michael dell and silver lake. One of them was at silver lake owned serena software. Serena is a portfolio company of silver lake partners, the leader in private investments in technologyenabled industries. Serena lakes townhomes association co lynx property services 12485 sw 7th ave.
One doesnt have to look much further than what the companys own employees think about its future to realize that the fall of. Synergex ported both the pvcs version manager and the pvcs configuration builder an extended make utility, including a variant of the command line tool make better source needed to various unix platforms and openvms. Serena software offres demploi recentes et recrutement. Hughes also served as an operating partner at silver lake partners and a board member at. Sabre holdings to be acquired by tpg and silver lake partners. It was developed jointly by scottsdale ranch partnership, city of scottsdale, maricopa county and the u. Credit suisse acted as financial advisor to hggc and is.
Dell enters into agreement to be acquired by michael dell. Serena alm solutions and defect tracking solutions business. Mar 10, 2014 hggc has agreed to acquire serena software, which provides it application development and deployment solutions, from silver lake partners. Suite 309 miami, fl 33186 upon receipt of the completed paperwork, your application will be processed. Serena solutions offer a process orchestration approach and span the areas of development, devops and it management. An experienced provider of software to companies of all sizes, blackline provides. Buyout firm silver lake is in exclusive talks to sell information technology management company serena software inc to private equity firm hggc llc, four people familiar with the matter said on. Greg has also held executive roles in technology investment firms hggc and silver lake partners. Includes all current investments made by funds that follow the silver lake partners, silver. Private equity firm hggc llc in palo alto teamed up with doug troxel to buy the company he founded, serena software inc. Silver lake partners was the firms original business founded by jim davidson, dave roux, roger mcnamee and glenn hutchins, and comprises the bulk of the firms assets under management. About silver lake silver lake is the leader in private investments in technology, technologyenabled, and related growth industries.
Serena software is a a leading provider of orchestrated it solutions for the global 2000 and you can find us in the majority of the fortune 100 companies. Serena is the latest in a spate of technology companies to be. Jan 09, 2018 former symantec exec greg hughes named veritas ceo. Mar 10, 2014 private equity firm hggc llc in palo alto teamed up with doug troxel to buy the company he founded, serena software inc. David roux, of upperville, va is cofounder and senior director of silver lake, where he previously served as chairman and coceo. Serena software provides orchestrated it solutions to the global 2000. With operations in 11 countries, serena software inc.
Serena software founder doug troxel is teaming up with private equity firm hggc to purchase the application development software vendor from silver lake partners. From our very first product comparex performing highspeed comparisons between mainframe data sources to our latest release management and deployment automation coordinating advanced enterprise devops teams to ensure that systems are. With 29 offices in 14 countries, serena is the largest independent company dedicated to helping it capitalize on its software development initiatives. Silver lake seeks to invest with the strategic and operating insights of an experienced industry participant and to function as a valueadded partner to the management teams of the worlds leading. Access ordering information, company profile, active contracts and documentation, or request a quote. It remains subject to regulatory and shareholder approval. Serenas board of directors along with a special board of independent. One of them was at silver lakeowned serena software, which sold application delivery, release and it service management software to. We are very pleased to welcome greg hughes as ceo, said todd morgenfeld, chairman of the board of serena software and director at silver lake. Greg hughes is the chief executive officer at veritas. See serena silvers newest porn videos and official profile, only on pornhub. Serena software markets and develops solutions focused on managing and automating application development, information technology and business processes. Serena provides orchestrated application development and release management solutions to the. Hggc agrees to acquire serena software from silver lake.
After eight years, serena software has found a new home. Serena software is one of the largest global application lifecycle management alm solution providers with more than 2,500 enterprise customers. Hggc has agreed to acquire serena software, which provides it application development and deployment solutions, from silver lake partners. Our 4,000 active enterprise customers, encompassing one million users worldwide, have made serena the largest independent alm vendor and the only one that orchestrates devops, the processes that bring together application development and operations. Mar 10, 2014 serena software founder doug troxel is teaming up with private equity firm hggc to purchase the application development software vendor from silver lake partners. Serena s board of directors along with a special board of independent. Hggc to buy serena software from silver lake the new york. He was formerly chairman and ceo of liberate technologies, executive vice president at oracle corporation and senior vice president at lotus development.
Serena software provides solutions that orchestrate application delivery, it service management, it operations and business processes for the global 2000. Silver lake partners makes private equity investments in large cap technology companies. This announcement reaffirms serenas strategy to develop and deliver marketleading solutions that increase the value of it, as well as serenas commitment to deliver the industry leading services and support for which the company has always been known. Dell enters into agreement to be acquired by michael dell and. Recent news about private equity firm silver lake putting serena back on the block does not bode well for this onetime industry leader. Hggc to buy serena software from silver lake the new. Zillow has 5 homes for sale in 85258 matching on lake serena.
Lake serena scottsdale ranch community association. Mar 10, 2014 this announcement reaffirms serenas strategy to develop and deliver marketleading solutions that increase the value of it, as well as serenas commitment to deliver the industry leading services and support for which the company has always been known. Mar 12, 2014 a winwin for hggc and serena software. Serenas core purpose is to advance the business value of it. Serena software auction continues as attachmate exits. View greg hughes profile on linkedin, the worlds largest professional community. Previously, greg was the ceo of serena software, where he led the successful turnaround and sale to micro focus international plc. Our 4,000 active enterprise customers, encompassing one million users worldwide, have made serena the largest independent alm vendor and the only one that orchestrates devops, the processes that bring together. Mar 10, 2014 hggc agrees to acquire serena software from silver lake. Serena software sold to private equity firm hggc cio. Serena is a leader in application lifecycle management for the enterprise. Godaddy is a leading provider of cloudbased software and services that enable, empower, and improve the online presence of smallandmediumsized businesses. Jan 09, 2018 veritas veteran becomes new big cheese at symantec spinoff.
Pornhubs amateur model community is here to please your kinkiest fantasies. Mar 10, 2014 after eight years, serena software has found a new home. One doesnt have to look much further than what the companys own employees think about its future to realize that the fall of serena is upon us. Hggc has agreed to acquire serena software, which provides it application development and. Hggc capital, an investment firm, plans to announce on monday that it has bought the enterprise software maker from its current owner, the private equity firm silver lake. Veritas veteran becomes new big cheese at symantec spinoff the. Hggc agrees to acquire serena software from silver lake hggc has agreed to acquire serena software, which provides it application development and deployment solutions, from silver lake partners. Jan 14, 20 we are very pleased to welcome greg hughes as ceo, said todd morgenfeld, chairman of the board of serena software and director at silver lake.
Our ultimate goal is to provide the expertise and the integrated technology that diverse banks need to execute and maximize their unique and evolving strategies, and to capitalize on the dynamic trends shaping the financial services industry. Headquartered in silicon valley, serena serves enterprise customers from 29 offices in 14 countries. I spoke with mark woodward, the ceo of serena about the move serena provides software that helps companies manage their information technology and has been in business 26 years and has 15 thousand customers. Greg is an industry veteran with more than 20 years of experience as an executive in enterprise software. Serena is the leading pure play provider of application lifecycle. Serena is dedicated to helping it capitalize on its software development initiatives. The lake is part of the indian bend flood control system, a flood control for runoff water from the mcdowell mountains. Hggc and doug troxel are acquiring serena software from silver lake partners.
Last year, a new management team took the reins and forged an. The latter was acquired by serena software in 2004, which was then acquired by silver lake partners in 2006. The company focuses on noncontrol, downsideprotected, privately negotiated structured equity and debt investments in technology. Hggc plans to fill the shoes of silver lake after buying enterprise software maker serena software inc.
She currently serves on the board of aras and previously was a director of serena software. Private equity firm silver lake is proceeding with an auction for its information technology management company serena software inc after talks aimed at selling serena to its technology peer. Visit us every day because we have all the latest serena silver sex videos awaiting you. Having worked with serena software products for the past fifteen years, i read this story with great sadness. Please allow at least 30 days for the processing of application. Silver lake having another go at selling serena software. Serena helps the highly regulated large enterprise move fast without breaking things increasing velocity of the software development lifecycle while enhancing security, compliance, and performance. Serena software sold to private equity firm hggc pcworld. Private equity firm hggc seems to have offloaded serena at a modest profit, a couple years after buying it from silver lake partners.
918 1201 96 157 466 486 840 1205 833 1091 1092 1026 797 1121 1326 1284 918 1084 815 1312 1155 460 725 1481 1294 54 80 91 273 1409 1127 349