Micro Focus to acquire Borland Software
British software company Micro Focus (MCRO.L) is to acquire Borland Software (BORL.O), once a major rival to Microsoft (MSFT.O), and assets from Compuware (CPWR.O), it said on Wednesday, to take a position in the software testing market and boost its U.S. presence.
Shares in the Micro Focus, which helps companies modernise their business systems software, leapt 17 percent as the group also released a positive trading statement.
Micro Focus said it had made a recommended cash offer to buy Borland for approximately $75 million in cash.
It has also agreed to buy the Application Testing and Automated Software Quality business of Compuware Corporation for around $58 million.






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