Serena Software

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American software company

title: "Serena Software" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["opentext", "2006-mergers-and-acquisitions", "2014-mergers-and-acquisitions", "2016-mergers-and-acquisitions", "american-subsidiaries-of-foreign-companies", "companies-based-in-san-mateo,-california", "development-software-companies", "micro-focus-international", "software-companies-based-in-the-san-francisco-bay-area", "software-companies-established-in-1980", "defunct-software-companies-of-the-united-states", "american-companies-established-in-1980", "1980-establishments-in-california"] description: "American software company" topic_path: "geography/united-states" source: "https://en.wikipedia.org/wiki/Serena_Software" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary American software company ::

::data[format=table title="Infobox company"]

Field	Value
name	Serena Software Inc.
logo	Serena Software logo.png
type	Subsidiary
foundation
location	San Mateo, California, U.S.
founder	Doug Troxel
key_people	Greg Hughes (CEO)
num_employees	400+
parent	OpenText
industry	Computer software, Application lifecycle management, IT management
revenue	(2012)
homepage
::

Serena Software Inc. is an American software company that provides IT management products to enterprises. Serena solutions offer a process orchestration approach and span the areas of development, DevOps and IT management.

Serena is headquartered in Silicon Valley, California and has 400+ employees. The company became a subsidiary of the British software and information company Micro Focus in 2016. In 2023, Micro Focus (including Serena Software) was acquired by Canadian software company OpenText and remain a subsidiary.

History

Serena Software acquired Merant Software in 2004 which provided Serena ownership rights to Polytron Version Control System (PVCS).

In May 2004, Serena announced it would acquire TeamShare, producers of the defect management system TeamTrack. This later became Serena Business Mashups (SBM), which was shortly renamed Serena Business Manager.

In November 2005, Serena Software announced that it had agreed to be acquired by Silver Lake Partners in a leveraged buyout transaction. The buyout was announced at a price of per share in cash, and the transaction occurred in 2006. Following the transaction, Silver Lake, a technology focused private equity firm acquired about 70% of the Serena stock. The Silver Lake Partners acquisition resulted in no immediate changes to the executive management team and daily operations continued much as they had before.

In October 2006, Serena announced the acquisition of Pacific Edge Software to enter the emerging project portfolio management (PPM) market. Mariner, a leading provider of Project and Portfolio Management (PPM) solutions was determined to be a good match for Serena's existing portfolio of products. After Pacific Edge, Serena made a number of more minor acquisitions, purchasing prototyping technology from Apptero, requirements management technology from Integrated Chipware and asset discovery technology from Data Sciences Corporation.

In September 2008 Serena announced the acquisition of Projity, an open source software as a service (SaaS)-based project management company.{{cite press release |publisher=Serena Software |date=2008-09-23 |url=http://www.serena.com/company/news/pr/sPR_09232008.html |title=Serena Software Acquires Open Source Alternative to Microsoft Project |accessdate=2008-09-23}}

John Nugent was appointed CEO in November 2009.{{cite press release |publisher=Serena Software |date=2009-11-02 |url=http://www.serena.com/company/news/pr/press-release-11-02-2009.html |title=Privately-Held Serena Software Names John Nugent as Chief Executive Officer |accessdate=2009-11-02 }}

In November 2010, Serena announced a new strategy to orchestrate application delivery with a process-driven approach.

In January 2012, Serena's solutions for Orchestrated IT, Serena Service Manager (SSM) and Serena Release Manager (SRM) were named finalists for the Pink Elephant 2011 Innovation of the Year Award.

In February 2012, Serena Service Manager was named the winner of Pink Elephant's 2011 Innovation of the Year Award.

Greg Hughes was appointed CEO in January 2013.{{cite press release |publisher=Serena Software |date=2013-01-14 |url=http://www.serena.com/index.php/en/news-events/press-release-detail?press_release_id=78 |title=Serena Software Appoints Greg Hughes as President and Chief Executive Officer |accessdate=2013-02-04 }}

During 2013 Serena tried to address falling profits and increase operating margins by reducing its workforce by some 175 employees, hoping to cut operating expenses for the fiscal year 2014. By July the company had total outstanding debt of US$410 million.

In March 2014, Serena announced the acquisition of the company by a partnership of founder Doug Troxel and private equity firm HGGC. The acquisition was completed in April 2014.

In March 22, 2016, Micro Focus announced its intent to acquire Serena Software, Inc., with acquisition expected to close in early May 2016, with transaction valued at . In 2016-05-02, Micro Focus announced it has completed the acquisition.

Products

The company provides process-based solutions for managing and automating application development, DevOps and IT operations. The company's revenues are generated through software licenses, maintenance contracts and professional services.

Serena's products and solutions address the following industry segments:

Deployment automation (SDA)
IT management
Request management
Demand management
Requirements management (RM)
Application lifecycle management (ALM)
Release management (RLM)
Agile development
Configuration management (Dimensions CM)
Issue & defect management
IT service management (ITSM)
Information technology operations (IT Operations)
DevOps
Product development
Mainframe

References

"Corporate Brochure".
"Annual Report for Serena Software Inc for Fiscal Year 2012".
(22 March 2016). "Micro Focus buys Serena Software for $540 million". Reuters.
(May 19, 2004). "Serena Software to Acquire TeamShare Incorporated". PR Newswire.
(2006-03-10). "Serena Software Announces Completion of Acquisition by Silver Lake Partners". Serena.
(November 11, 2005). "Serena Software latest target of buyout firm". USA Today.
(March 29, 2006). "Silver Lake rides technology debt wave". MarketWatch.
(November 10, 2005). "Serena Software Buyout: $1.2B". Red Herring.
(September 11, 2006). "The LBO Gang Storms The Valley". Business Week.
(2006-10-04). "Serena Software to Acquire Project and Portfolio Management Leader". Serena.
(October 2, 2006). "Serena Software to buy Pacific Edge". San Francisco Business Times.
(2010-11-08). "Serena Software Unveils New Strategy to Orchestrate Application Delivery". Serena Software.
(2012-01-18). "Serena Software Named Pink Elephant 2011 Innovation of the Year Award Finalist". Serena Software.
(2012-02-21). "Serena Software Wins Coveted Pink Elephant Innovation Award for its ITSM Solution". Serena Software.
"Serena Software auction continues as Attachmate exits: sources". [[Reuters]].
(March 10, 2014). "HGGC to Acquire Serena Software". Serena Software.
(April 21, 2014). "Serena's Ownership Change is Complete". Serena Software.
[http://www.microfocus.com/about/press-room/article/2016/micro-focus-announces-intent-to-acquire-serena-software-inc/ Micro Focus Announces Intent to Acquire Serena Software, Inc.]
[http://www.microfocus.com/about/press-room/article/2016/micro-focus-completes-acquisition-of-serena-software-inc/ Micro Focus Completes Acquisition of Serena Software, Inc.]

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