Micro Focus International, a provider of software that allows companies to improve the value of their enterprise applications, has agreed to acquire Relativity Technologies, a specialist in Enterprise Application Modernisation services, for some US$9.7 million (£6.5 million) in cash.

Micro Focus International, a provider of software that allows companies to improve the value of their enterprise applications, has agreed to acquire Relativity Technologies, a specialist in Enterprise Application Modernisation services, for some US$9.7 million (£6.5 million) in cash.

Micro Focus says the deal will strengthen its position in the highly-fragmented Application Modernisation market as well as expand its geographic reach, partner relationships and international customer base.

The company believes the deal will be earnings enhancing in the year ended 30 April 2009.

Stephen Kelly, Micro Focus International CEO, said: “We are well placed to capture significant value from this acquisition. It is intended that the Relativity business will be fully integrated into the Micro Focus group following completion. The acquisition of Relativity is consistent with Micro Focus’s strategy of acquiring companies that complement our core areas of expertise and where significant synergies can be derived.”