Buffalo, New York 11/10/2009 2:30:00 PM
News / Business

Microsoft (NASDAQ: MSFT) to Buy SourceGear

Microsoft Corp. (NASDAQ: MSFT) said Monday it will buy some assets of SourceGear LLC that will bolster its software design products, according to Associated Press.

 

Financial details were not disclosed.

 

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Microsoft said it will acquire the Teamprise-related assets of SourceGear, a privately held Champaign, Ill.-based company that provides programming applications.

 

The assets will be integrated into next year's version of the Microsoft software writing program Visual Studio, the company said.

 

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