Context-aware merge?

Is there any diff/merge tool for programming languages, that works in a syntax-aware way (like XML Diff Tool), doing more than compare line-by-line (and optionally ignoring whitespace).

I'm interested in a program actually following the language syntax and delimeters, suggesting changes without breaking syntactic correctness, or bundling statements separated over multiple lines. Example behavior would be:

*upon finding an if(){ which introduces an extra nesting level automatically bundle the closing brace } several lines below with it.)

*keep matching syntax elements together, avoid silliness like removing a block tends to create:

 int function_A()
 { 
     int ret;
     ret = something;
     ret += something_else;

      return ret;
  }

  int function_B()
  { 
     if(valid)
     {
         int ret;
         ret = something;
         ret += something_else;

          return ret;
      }

       else return -1;
  }

Personally, I'd love to find software capable of handling C++ syntax, but knowing about solutions for other languages would be interesting too.