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Borland Software Corporation Merges With Micro Focus International plc |
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Written by Administrator
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Tuesday, 12 May 2009 20:09 |
Dear Borland Customer,
Last week Borland announced it has entered into a definitive agreement to be acquired by Micro Focus International plc. This is exciting news. After a thorough evaluation of strategic and financial alternatives, Borland's leadership team and board of directors are confident that this merger is absolutely the right long-term strategy for the company and our customers.
Like Borland, Micro Focus is a well-established technology company that has more than 30 years of expertise serving more than 15,000 customers around the world. Our companies also share a similar objective: to help customers maximize the business value of their software. Micro Focus has a broad portfolio of products for application development, application portfolio management, and application modernization. Our respective offerings are highly complementary, and Micro Focus has an excellent track record of strong financial performance, company growth and delivering outstanding customer value.
Micro Focus is headquartered in the UK and has international operations that complement those of Borland. Pending shareholder approvals and other customary conditions to closing, the merged company will provide an expanded addressable market, greater scale, a broader portfolio of products and services, and a larger international presence for our customers.
Over the coming months, the company will lay out further details on what the business will look like. While there will be changes, the vision - helping you transform software delivery into a predictable managed business process - remains the same. This move to join forces with another software expert will significantly advance our progress towards delivering on this vision and providing you with the highest levels of support and business value.
We will update you on the progress of the merger in the coming weeks. In the meantime, please feel free to contact your Borland sales representative or any member of the Borland senior management team with questions.
Click here to view the full press release.
Yours sincerely,
Erik Prusch
President and CEO
Borland Software Corporation
Borland — The Open ALM Company
Open to your processes, tools and platforms. Empowering you to deliver software on your terms.
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