London software testing news UK

Software testing takeover battle

Posted in Software testing by testing in London on June 27, 2009

From Reuters

A takeover battle for Micro Focus bid target Borland Software has restarted after the U.S. firm said it has received a proposal that it feels would be superior to one made by Micro Focus.

Shares in Micro Focus, whose customers include Tesco and Boeing, gained last week on relief that a rival bidder had pulled out of the process.

Micro Focus’ recommended offer values Borland at $88 million and would take the British company’s share of the global software testing market to 15 percent.

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