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Short Take: Micro Focus becomes Merant

Business software firm Micro Focus Group is changing its name to Merant, following a recent merger. The $87.2 million company, which bought Mountain View-based Intersolv last year, will trade on the London Stock Exchange under the symbol MRN and on the Nasdaq under the symbol MRNT. The company is focused on building enterprise applications, application development management, and enterprise data connectivity.

Business software firm Micro Focus Group is changing its name to Merant, following a recent merger. The $87.2 million company, which bought Mountain View-based Intersolv last year, will trade on the London Stock Exchange under the symbol MRN and on the Nasdaq under the symbol MRNT. The company is focused on building enterprise applications, application development management, and enterprise data connectivity.