As Growth Stalls, Micro Focus Gets Takeover Attention
May 4, 2011 Alex Woodie
A private equity firm is rumored to be eyeing Micro Focus International as an acquisition target. The British software company, which is suffering from flat sales and a rash of executive departures, last week confirmed speculation in the press that it has been approached about selling the company, but declined to provide specifics. Micro Focus owns the popular RUMBA emulator, but most of its revenue comes from COBOL tools for mainframes. Micro Focus was the subject of takeover speculation in early March, when IBM and SAP were rumored to be looking at the company. Micro Focus denied the rumors, even |