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Software AG pays $26M for mainframe UI tools (InfoWorld via Yahoo! News) - Software AG has bought the application modernization activities of Jacada, adding to its portfolio of tools for prolonging the life of mainframe applications by giving them a Web interface.

Software AG Pays $26M for Mainframe UI Tools (New York Times) - The sale marks Jacada?s move out of the application modernization and middleware software business in order to concentrate on development of call center systems.

Tibco Software 4Q Profit Falls (AP via Yahoo! Finance) - Enterprise software provider Tibco Software Inc. said Thursday its fourth-quarter profit dropped 12 percent due to one-time costs and charges.

Larry Ellison makes bet big on NetSuite and software on-demand (Market Watch) - NetSuite CEO Zach Nelson weighs in on the software on-demand business, NetSuite's competiors and the help he got from Silicon Valley icon Larry Ellison.

Day Software Gains Mindquarry Employees (EContent Magazine) - Day Software, a provider of global content management and infrastructure software, announced it has expanded its presence in the social media and open source markets with the acquisition of the founders and innovators of Mindquarry, an open source collaborative software platform provider.

Veracode tool scans for software backdoors (ZDNet Asia) - Security start-up Veracode updated its SecurityReview tool to allow companies to scan for backdoors and malicious code in software development.

Progress Software 4Q Profit Rises (AP via Yahoo! Finance) - Business management software company Progress Software Corp. said Thursday its fiscal fourth-quarter profit rose 75 percent on strong sales of business integration software.

Progress Software Guides for In-Range 1Q (AP via Yahoo! Finance) - Shares of Progress Software Corp. rose more than 5 percent Thursday morning after the business management software company projected fiscal first-quarter and 2008 income and revenue within range of Wall Street estimates.

Changing the Rules of Enterprise Software: A Look at the Collaborative Software Initiative (Addict 3D) - The Open Road: "I spent some time on the phone today with Mike Herrick of the Collaborative Software Initiative..."

Alion releases compliance aid software (UPI) - Virginia-based Alion Science and Technology announced it has developed a software tool to help companies comply with a Homeland Security Department ruling.