Micro Focus International raised its offer for Borland Software to US$1.50 per share on Tuesday, up from $1 in early May, to counter a rival offer from a mystery bidder. It's the second time Micro Focus has had to raise its offer. Another bidder dropped out of the running last month.
Micro Focus International has agreed to buy Borland Software, a developer of application lifecycle management tools, for $75 million, and in a separate deal has also agreed to buy Compuware's application testing and automated software quality business unit for $80 million in cash.
Sidekick: The Good News & the Bad News Either way you look at it Microsoft Data Center management did not follow standards or best practices in this failure. In which case it makes me wonder more about the outsourcing of corporate data much less personal data.
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Micro Focus buys Borland Software for $75 million
Borland CEO leaves, joins VMware
Soon-to-be-acquired Borland offers simulator for app dev
Mystery bidder forces Micro Focus to raise offer for Borland