London software testing news UK

Software testing tool maker bid raised

Posted in Acceptance testing by testing in London on July 1, 2009

From CNN Money

Micro Focus has raised its offer for Borland  to $1.50 a share, after a second suitor approached Borland last week.

The higher bid, which is backed by both the Micro Focus and Borland boards, is the third time Micro Focus has had to lift its offer, from a starting bid of $1 a share in May.

Micro Focus last month also bought Compuware’s testing and automated software quality business and both acquisitions would give Micro Focus a footprint in software testing.

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