Borland Acquires Legadero

Borland Software Corp. on Monday said it has acquired Legadero Software Inc. in an all-cash deal that's meant to fill out Borland's line of tools for managing software development projects.

Legadero's technology is expected to add to Borland's portfolio capabilities for demand management, project portfolio management, resource management and process and asset management. The Austin, Texas, company's IT Management and Governance product will be rebranded as Borland Tempo, officials with Cupertino, Calif.-based Borland, said.

The process management and resource management capabilities in Legadero's software makes it easier to enforce policies and analyze and assign development resources, Borland said. In addition, the company's products include software dashboards that gives all stakeholders in a development project -- executive management to developers and project managers -- access to related data.

“We found Legadero’s comprehensive capabilities, ease-of-use and straightforward implementation to be a significant differentiator from the other acquisition prospects we reviewed,” Rick Jackson, chief marketing officer for Borland, said in a statement.

Financial details of the acquisition were not disclosed. Borland, however, said it has hired Legadero employees.