Software AG lowers guidance for middleware division
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FRANKFURT (Reuters) - Software AG lowered the outlook for its integration software division as it reported a 9% drop in second-quarter operating profit, sending its shares down by 5% in pre-market trading on Friday.Germany's second-biggest listed tech company behind SAP said it now expected revenues at its Digital Business Platform (DBP) unit to decline by up to 6% this year, down from an earlier forecast of growth of 3%-7%.DBP revenues underperformed in the quarter as the division reorganised..