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TMCNet:  PrismTech Sells its OpenFusion CORBA Assets to Micro Focus

[December 10, 2013]

PrismTech Sells its OpenFusion CORBA Assets to Micro Focus

BOSTON, Mass. --(Business Wire)--

PrismTech™, a global leader in standards-based, performance-critical middleware, today announced that it has sold its OpenFusion™ CORBA® assets to Micro Focus International plc (LSE: MCRO.L). The sale of OpenFusion will allow PrismTech to sharpen its focus on the high-growth Industrial Internet market opportunity for its OpenSplice™ DDS and Spectra™ SDR products and a new product line to be announced in early 2014.

Over the years PrismTech has built OpenFusion into a leading brand in the Common Object Request Broker Architecture (CORBA) marketplace with a loyal, happy and well-served customer base. The rapid growth in PrismTech's newer OpenSplice DDS and Spectra SDR product lines meant that the more mature OpenFusion line was no longer a comfortable fit for the company's high-growth strategy.

Micro Focus is an ideal custodian for the OpenFusion brand. It will allow Micro Focus to further consolidate its position as the leading global provider of CORBA software in he middleware market by adding OpenFusion to an extensive portfolio that already includes Orbacus, Orbix, VisiBroker and Artix.


PrismTech is working closely with Micro Focus to ensure a smooth transition and trouble-free continuation of our customers' OpenFusion maintenance and support services. PrismTech's OpenFusion customers can continue to use their existing login and contact details for support.

"PrismTech sees a great opportunity in the rapidly emerging Industrial Internet market for our other brands," said Keith Steele, CEO, PrismTech. "This disposal will allow us to invest further in these high-growth products to ensure they maintain their market leadership in meeting the demanding end-to-end, real-time, data sharing needs of the Industrial Internet. On behalf of the PrismTech team I would like to thank all our OpenFusion customers for their business over the years."

For any questions regarding the OpenFusion product acquisition please e-mail: corba@microfocus.com.

About PrismTech

PrismTech is a global leader in standards-based, performance-critical middleware. PrismTech's products enable our OEM, Systems Integrator, and End User customers to build and optimize high-performance systems primarily for Mil/Aero, Communications, Industrial, and Financial Markets. For additional information about PrismTech, visit the web site at http://www.prismtech.com.

OpenSplice is a trademark of PrismTech. CORBA is a registered trademark of the Object Management Group, Inc in the U.S. and other countries. All other trademarks are the property of their respective owners.


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