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A Hewlett Packard Spinoff Is Now the U.K.’s Largest Tech Firm

  • U.K. company announced completion of HPE software purchase
  • Chairman dismisses concerns on tax inversion penalties
A pedestrian walks past Hewlett-Packard Enterprise Inc. headquarters in Palo Alto, California, U.S., on Monday, May 22, 2016. Hewlett-Packard Enterprise Inc. is scheduled to release earnings figures on after market on May 24.
Photographer: David Paul Morris/Bloomberg

Despite its name, Micro Focus isn’t thinking small.

The U.K. software company just completed a $8.8 billion deal for Hewlett Packard Enterprise Co.’s software assets and wants to keep growing.