Microsoft (NASDAQ:MSFT) has reached a deal with Canada's InCycle Software to acquire the company's InRelease business unit.

InCycle is billed as a leading creator of application lifestyle management (ALM) services, as well as release management solutions (i.e. the development process of software from idea to release) for .NET websites. The acquisition will help streamline operations for many of Microsoft's app developer clients.

The InRelease sector will allow Microsoft customers to deliver applications with increased speed and efficiency, according to the company. According to S. Somasegar, Microsoft's corporate vice president for its Developer Division, InRelease has a "continuous delivery solution [that] will... enable faster and simpler delivery of applications."

InCycle Software will continue to be a separate entity from Microsoft, and will remain focused on ALM consulting. Financial terms of the deal were not disclosed.