large number of buzzwords . specific concerns may be found on the talk page . please help improve this article if you can . october 2013 serena software inc type private industry computer software application lifecycle management it management founded 1980 founder doug troxel headquarters san mateo california u.s. key people greg hughes ceo revenue us 219 million 2012 1 number of employees 400 2 website www.serena.com serena software inc is a us based software company that provides it management products to enterprises around the world . 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 . 2 serena is a portfolio company of private equity firm hggc . 3 contents 1 products 2 history 3 references 4 external links products edit 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 . 1 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 history edit 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 . 4 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 . 5 the silver lake partners acquisition resulted in no immediate changes to the executive management team and daily operations continued much as they had before . 6 7 8 9 in october 2006 serena announced the acquisition of pacific edge software 10 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 . 11 in september 2008 serena announced the acquisition of projity an open source software as a service saas based project management company . 12 john nugent was appointed ceo in november 2009 . 13 in november 2010 serena announced a new strategy to orchestrate application delivery with a process driven approach . 14 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 . 15 in february 2012 serena service manager was named the winner of pink elephant s 2011 innovation of the year award . 16 greg hughes was appointed ceo in january 2013 . 17 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 usd 410 million . 18 in march 2014 serena announced the acquisition of the company by a partnership of founder doug troxel and private equity firm hggc . 3 the acquisition was completed in april 2014 . 19 in march 2016 micro focus announced its intent to acquire serena then valued at 540 million . 20 references edit a b annual report for serena software inc for fiscal year 2012 . retrieved 2012 12 18 . a b corporate brochure pdf . retrieved 2015 06 16 . a b hggc to acquire serena software press release serena software . march 10 2014 serena software to acquire teamshare incorporated . pr newswire may 19 2004 serena software announces completion of acquisition by silver lake partners press release . serena . 2006 03 10 . retrieved 2006 03 10 . serena software latest target of buyout firm . usa today november 11 2005 silver lake rides technology debt wave . marketwatch march 29 2006 serena software buyout 1.2 b red herring november 10 2005 the lbo gang storms the valley . business week september 11 2006 . quote things started heating up a year ago ... . since then many have followed . last november for instance serena software inc. in san mateo sold itself to private equity firm silver lake partners for 1.3 billion . serena software to acquire project and portfolio management leader press release . serena . 2006 10 04 . retrieved 2006 10 04 . serena software to buy pacific edge . san francisco business times october 2 2006 serena software acquires open source alternative to microsoft project press release . serena software . 2008 09 23 . retrieved 2008 09 23 . privately held serena software names john nugent as chief executive officer press release . serena software . 2009 11 02 . retrieved 2009 11 02 . serena software unveils new strategy to orchestrate application delivery press release . serena software . 2010 11 08 . retrieved 2013 01 02 . serena software named pink elephant 2011 innovation of the year award finalist press release . serena software . 2012 01 18 . retrieved 2013 01 02 . serena software wins coveted pink elephant innovation award for its itsm solution press release . serena software . 2012 02 21 . retrieved 2013 01 09 . serena software appoints greg hughes as president and chief executive officer press release . serena software . 2013 01 14 . retrieved 2013 02 04 . serena software auction continues as attachmate exits sources reuters serena s ownership change is complete blog post serena software . april 21 2014 micro focus announces intent to acquire serena software inc. micro focus . www.microfocus.com . retrieved 2016 03 22 . serena software inc. now privately held sharpens focus . silicon valley san jose business journal september 25 2006 serena software trying to bring zip to its appeal . san francisco business times september 22 2006 customs agency in deal with serena software . silicon valley san jose business journal november 28 2005 serena software placed in leaders quadrant . efy times april 8 2009 serena wins pink elephant innovation award for itsm . vital magazine february 23 2012 serena software named in 2012 sd times 100 list for alm . sd times june 1 2012 external links edit official website retrieved from https en.wikipedia.org w index.php title serena software & oldid 711386832 categories companies established in 1980companies based in san mateo californiadevelopment software companiessilver lake partners companiesprivate equity portfolio companiessoftware companies based in californiahidden categories wikipedia articles containing buzzwords from october 2013 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutsch edit links this page was last 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