Serena Software
Encyclopedia
Serena Software Inc is US-based software
company.
Serena develops and markets products focused on managing change across information technology
environments. Serena develops and markets software for the information technology
infrastructure of large corporations, specializing in helping companies manage changes and upgrades on mainframes and desktop computers.
Serena is headquartered in Redwood City, California
and had 601 employees as of January 31, 2010.
Serena operates in the application lifecycle management
(ALM) market, and the company segments its business into sub-sectors:
in a $1.2 billion leveraged buyout
transaction. The buyout was announced at a price of $24 per share in cash. 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.
In September 2008 Serena announced the acquisition of Projity, an open source Software as a Service
(SaaS)-based project management company. Serena has begun to drive some of their technologies directly to business users in the form of Business Mashups.
John Nugent was appointed CEO in November 2009.
Computer software
Computer software, or just software, is a collection of computer programs and related data that provide the instructions for telling a computer what to do and how to do it....
company.
Serena develops and markets products focused on managing change across information technology
Information technology
Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...
environments. Serena develops and markets software for the information technology
Information technology
Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...
infrastructure of large corporations, specializing in helping companies manage changes and upgrades on mainframes and desktop computers.
Serena is headquartered in Redwood City, California
Redwood City, California
Redwood City is a California charter city located on the San Francisco Peninsula in Northern California, approximately 27 miles south of San Francisco, and 24 miles north of San Jose. Redwood City's history spans from its earliest inhabitation by the Ohlone people, to its tradition as a port for...
and had 601 employees as of January 31, 2010.
Products
The company's products are designed to manage the development of and control change in mission critical technology and business process applications within mainframe and distributed systems environments. The company's revenues are generated through software licenses, maintenance contracts and professional services.Serena operates in the application lifecycle management
Application lifecycle management
Application Lifecycle Management is a continuous process of managing the life of an application through governance, development and maintenance...
(ALM) market, and the company segments its business into sub-sectors:
- Business process managementBusiness process managementBusiness process management is a holistic management approach focused on aligning all aspects of an organization with the wants and needs of clients. It promotes business effectiveness and efficiency while striving for innovation, flexibility, and integration with technology. BPM attempts to...
(BPM) - Mainframe computerMainframe computerMainframes are powerful computers used primarily by corporate and governmental organizations for critical applications, bulk data processing such as census, industry and consumer statistics, enterprise resource planning, and financial transaction processing.The term originally referred to the...
(MF) - Project portfolio managementProject Portfolio ManagementProject portfolio management is a term used by project managers and project management organizations, , to describe methods for analyzing and collectively managing a group of current or proposed projects based on numerous key characteristics...
(PPM) - Release managementRelease managementThe release management process is a relatively new but rapidly growing discipline within software engineering of managing software releases....
(RLM) - Requirements managementRequirements managementRequirements management is the process of documenting, analyzing, tracing, prioritizing and agreeing on requirements and then controlling change and communicating to relevant stakeholders. It is a continuous process throughout a project...
(RM) - Software change management (SCM)
History
In November 2005, Serena Software announced that it had agreed to be acquired by Silver Lake PartnersSilver Lake Partners
Silver Lake is a US-based private equity firm focused on leveraged buyout and growth capital investments in technology, technology-enabled and related industries...
in a $1.2 billion leveraged buyout
Leveraged buyout
A leveraged buyout occurs when an investor, typically financial sponsor, acquires a controlling interest in a company's equity and where a significant percentage of the purchase price is financed through leverage...
transaction. The buyout was announced at a price of $24 per share in cash. Following the transaction, Silver Lake, a technology focused private equity
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
firm acquired about 70% of the Serena stock. The Silver Lake Partners
Silver Lake Partners
Silver Lake is a US-based private equity firm focused on leveraged buyout and growth capital investments in technology, technology-enabled and related industries...
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
Project Portfolio Management
Project portfolio management is a term used by project managers and project management organizations, , to describe methods for analyzing and collectively managing a group of current or proposed projects based on numerous key characteristics...
(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.
In September 2008 Serena announced the acquisition of Projity, an open source Software as a Service
Software as a Service
Software as a service , sometimes referred to as "on-demand software," is a software delivery model in which software and its associated data are hosted centrally and are typically accessed by users using a thin client, normally using a web browser over the Internet.SaaS has become a common...
(SaaS)-based project management company. Serena has begun to drive some of their technologies directly to business users in the form of Business Mashups.
John Nugent was appointed CEO in November 2009.