Microsoft (MSFT) to Acquire Teamprise-Related Assets of SourceGear LLC

November 9, 2009 7:44 AM EST

Microsoft Corp. (Nasdaq: MSFT) announced that it will purchase the Teamprise-related assets of SourceGear LLC, which enable developers using the Eclipse IDE or operating on multiple operating systems, including Unix, Linux and Mac OS X, to build applications with Microsoft Visual Studio Team Foundation Server. Development organizations will benefit from increased integration in heterogeneous environments, as well as reduced time and complexity associated with application development tasks. Functionality from the Teamprise Client Suite will be integrated into the Visual Studio product line beginning with Visual Studio 2010.

Terms of the acquisition are not being disclosed.

[SM]


Related Categories

Mergers and Acquisitions

Stocks Mentioned

MSFT 29.22

-0.57 -1.91%
Volume: 29,357,892
Track MSFT


Add Your Comment