Flexera is an American computer software company based in Itasca, Illinois. It is a business-focused organization which works in software asset management and cloud management.
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| Formerly |
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| Company type | Private |
| Industry | Technology |
| Founded | 1988 |
| Headquarters | , |
Area served | Worldwide |
Key people |
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Number of employees | 1,300+ |
| Subsidiaries |
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| Website | www |
History
On 1 April 2008, Macrovision sold its software division to the Thoma Bravo investment fund,[1] which became Acresso Software. Macrovision subsequently changed its name to Rovi Corporation.
In October 2009, Acresso Software, Inc. became Flexera Software after a legal threat from Agresso Software.[2]
On July 19, 2011, Thoma Bravo sold a majority stake in Flexera Software LLC to Teachers' Private Capital, the private investment department of the Ontario Teachers' Pension Plan. The transaction was finalized on October 3, 2011.[3]
In 2020, Flexera released their SaaS platform Flexera One.
On May 28, 2020, Flexera launched a new division called Revenera.[4] Revenera is a business-focused organization which works in monetization, software composition analysis, and installation (computer programs) software.
In February 2020, Flexera was ranked in the Gartner Magic Quadrant as a leader in Cloud Management Platforms. In July, Flexera was ranked also ranked a leader for Software Asset Management Tools for the third consecutive year.[5]
Acquisitions
Flexera acquired Australian based ManageSoft in 2010.[6] Managesoft was OSA (Open Software Associates), which itself came out of HP's Australian Software Organisation.
On September 15, 2015, Flexera acquired Denmark based Secunia for an undisclosed amount.[7]
On September 17, 2017, Flexera announced the completion of the acquisition of BDNA. [8]
On September 26, 2018, Flexera acquired RightScale for an undisclosed amount.[9]
On June 5, 2019, Flexera acquired Asheville, NC based RISC Networks for an undisclosed amount.[10]
On February 5, 2020, Flexera acquired software usage analytics Company Revulytics.[11][12]
On November 28, 2023, Flexera entered into a definitive agreement to acquire Snow Software, a software asset management company based in Sweden for an undisclosed sum.[13] The acquisition was completed February 15, 2024.[14]