Francisco Partners has acquired a majority stake in SmartBear Software, a company that makes tools for software developers. The PE firm purchased the target from Insight Venture Partners, which originally invested in Smartbear in 2007.

The transaction comes as demands for "easy-to-use tools" that helps software developers build and test new programs rises and combinations of "applications and devices are making software quality even more complex," say the two companies. Financial terms of the SmartBear deal were not disclosed.

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