Microfocus outlook remains the same

24th Sep 2009 16:39

Software firm Micro Focus International said the trading outlook across the group remains consistent with its first quarter trading statement.The acquisitions of Borland and the Testing/ASQ assets of Compuware have now been completed, which the group said gives it a strong position in the complementary Testing/ASQ market. "As previously announced, the twelve month run-rate revenue contribution for both acquisitions is expected be in the region of $150m, with combined EBITDA margins of approximately 15% in the first year of ownership," said the group. "The ambition is for margins of these acquisitions to be expanded over the longer term towards the Group target of approximately 40%," it added.