1st Jun 2009 07:00
1 June 2009
Micro Focus completes acquisition of Application Testing / Automated Software Quality business of Compuware Corporation
Micro Focus International plc (MCRO.L "Micro Focus" or "the Group"), today announced that it has completed the acquisition of the Application Testing / Automated Software Quality business of Compuware Corporation (together being the "Compuware Testing and ASQ Business").
The products within the Compuware Testing and ASQ Business are highly complementary to Micro Focus' core Application Management & Modernization solutions. As part of its strategy review, the management of Micro Focus identified the ASQ market as a logically adjacent area to extend its Application Management footprint. As previously announced by Micro Focus, it is intended that the Compuware Testing and ASQ Business will now be fully integrated into the Micro Focus Group.
Stephen Kelly, CEO of Micro Focus International plc said:
"The acquisition of the Compuware Testing and ASQ business is a logical extension to our existing application management proposition, providing new addressable market opportunity. We see strong growth potential in this market. We have a successful track record of integrating businesses and we are well placed to deliver value from this acquisition."
Enquiries:
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Micro Focus |
Tel: +44 (0)1635 32646 |
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Stephen Kelly, Chief Executive |
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Nick Bray, Chief Financial Officer |
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Tim Brill, Head of Corporate Communications & IR |
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Financial Dynamics |
Tel: +44 (0)20 7831 3113 |
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Charles Palmer /Haya Chelhot/ Nicola Biles |
About Micro Focus
Micro Focus, a member of the FTSE 250, provides innovative software that allows companies to dramatically improve the business value of their enterprise applications. Micro Focus Enterprise Application Modernization and Management software enables customers' business applications to respond rapidly to market changes and embrace modern architectures with reduced cost and risk. For additional information please visit www.microfocus.com
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