Serena Software
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| Private | |
| Industry | Computer software, Application lifecycle management, IT management |
| Founded | 1980 |
| Founder | Doug Troxel |
| Headquarters | San Mateo, California, U.S. |
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Key people
|
Greg Hughes, CEO |
| Revenue |
 US$219 million (2012) |
| Owner | Micro Focus |
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Number of employees
|
400+ |
| Website | www |
Serena Software Inc is a US-based software company that provides IT management products to enterprises, with operations in 11 countries. 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 has been a subsidiary of the British software and information company Micro Focus since 2016.
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:
Serena Software acquired Merant Software in 2004 which provided Serena ownership rights to 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 $1.2 billion leveraged buyout transaction. The buyout was announced at a price of $24 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.
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