Borland Software Corp. Monday announced the acquisition of Legadero Software Inc., a provider of IT management and governance solutions for software development and delivery.
Cupertino, Calif.-based Borland did not disclose the financial terms of the deal. However, company officials said Legaderos technology will expand Borlands Application Lifecycle Management (ALM) products and services by delivering new capabilities for demand management, project portfolio management, resource management, and process and asset management.
Borland officials said Legaderos IT management and governance technology, formerly known as Legadero Tempo, will be rebranded as Borland Tempo.
Erik Frieberg, Borlands vice president of product management, said the newly acquired Legadero offerings help enterprises answer three key questions: Are you using the right software? Are you doing software right? And how do you know?
Legaderos automated capabilities for demand management, project portfolio management, resource management, process management and asset management, combined with the customizable dashboards the company delivers, enable users to answer those questions, Frieberg said.
The Legadero software will work in conjunction with software and best practices Borland acquired when it bought TeraQuest Metrics Inc. in January, he said.
But while TeraQuest provides the process knowledge, Legadero will enable automation of the processes, said Greg Rice, president of Legadero, who will be joining Borland.
“Blending what we do with what Borland does provides tremendous depth into the organization,” Rice said. “Legadero and Borland together can deliver a complete, rich environment. Borland is already in the hands of engineers” and Legadero can expand Borlands reach to executive management, IT management and project managers, he said.
Rice also said there are “quite a lot of synergies” that exist between Borland and Legadero.
Meanwhile, Legadero fills out a key piece of Borlands Software Delivery Optimization strategy, Frieberg said.
Five-year-old Legadero consists of fewer than 20 people and has more than 30 customers, Rice said. The company was founded by a group of former systems management executives, and Rice said he had some previous experience as a portfolio manager.
“We perceived a need and decided it was time for IT to have a business system,” he said.
Frieberg said Legadero “fills out and finishes off what we needed on the process aspect of Core SDP,” Borlands development platform that enables key roles within software development to create software as part of a managed process, increasing productivity.
“It also provides us the foundation for competitive advantage with a low-cost solution in the marketplace,” he said.
“We found Legaderos 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 of Borland, said in a statement. “For example, every initial Tempo implementation that Legadero has done so far has taken less than 10 days before the customer was up and running and managing their software processes using the system. That kind of rapid time-to-value can be a serious competitive advantage for organizations that need to move fast and demonstrate results quickly.”