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==History== FLEXlm was originally a joint development by GLOBEtrotter Software and Highland Software in 1988. Highland's rights to the FLEXlm product were acquired by GLOBEtrotter in 1994; Highland continued as a reseller of 3rd party software. GLOBEtrotter was then acquired by [[Macrovision]] in 2000. Combining features from the Safecast protection system and FLEXlm, FlexNet featured [[product activation]] and executable wrapping, supporting [[floating licensing]] and node locked licensing models. Macrovision subsequently renamed FLEXlm to FLEXnet Publisher.{{Citation needed|date=January 2017}} The original FLEXlm development team moved on to develop the [[Reprise License Manager]] (RLM) at Reprise Software in 2006.{{Citation needed|date=January 2017}} On 1 April 2008 Macrovision's Software Business Unit, which included FLEXnet Publisher, was sold to the private equity company [[Thoma Cressey Bravo]] and subsequently relaunched as Acresso Software. It was a cash transaction valued at approximately $200 million.<ref>{{cite web|url=http://www.flexerasoftware.com/company/newscenter/pressreleases/press-releases_8572.htm|title=Acresso Software Press Release|publisher=Flexerasoftware.com|accessdate=27 October 2014|archive-date=2 June 2013|archive-url=https://web.archive.org/web/20130602033702/http://www.flexerasoftware.com/company/newscenter/pressreleases/press-releases_8572.htm|url-status=dead}}</ref> In October 2009 Acresso Software announced its name change to Flexera Software and FLEXnet Publisher was changed to FlexNet Publisher.<ref>{{cite web|url=http://www.computerworld.com/s/article/9139211/Acresso_who_Macrovision_spinoff_changes_name_again?taxonomyId=1|title=Acresso who? Macrovision spinoff changes name, again (Computerworld article)|author=Eric Lai|date=10 October 2009|work=Computerworld|accessdate=27 October 2014}}</ref> A July 2011 announcement said that Teachers' Private Capital, the private investment department of the Ontario Teachers' Pension Plan, had agreed to acquire a majority stake in Flexera Software from Thoma Bravo, LLC, a private equity firm.<ref>{{cite web|url-status=dead|url=http://www.marketwire.com/press-release/teachers-private-capital-to-acquire-majority-stake-in-flexera-software-1539798.htm|title=Teachers' Private Capital to Acquire Majority Stake in Flexera Software|work=Marketwire|accessdate=27 October 2014|archive-date=2 October 2012|archive-url=https://web.archive.org/web/20121002182844/http://www.marketwire.com/press-release/teachers-private-capital-to-acquire-majority-stake-in-flexera-software-1539798.htm}}</ref> The product is currently marketed by Flexera Software as FlexNet Publisher.<ref>[http://www.flexerasoftware.com/enterprise/products/software-license-management/flexnet-manager-engineering-apps/ Centralized Management Eases License Server Administration]. ''flexerasoftware.com''. Retrieved 2016-11-21</ref>
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