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Borland Software Corporation to be Acquired by Micro Focus International plc
AUSTIN, Texas--(BUSINESS WIRE)--Borland Software Corporation (NASDAQ: BORL - News) (“Borland”), the global leader in Open Application Lifecycle Management (ALM), today announced that Micro Focus International plc (LSE:MCRO.L - News) (“Micro Focus”) and Borland have entered into a definitive agreement (the “Agreement”) under which Micro Focus will acquire all the outstanding shares of Borland in a cash merger transaction.
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The aggregate transaction value is approximately $75 million.