From the June 2008 Issue of Prestwood eMag

Industry General News & Trends: Embarcadero Technologies To Acquire CodeGear By Wes Peterson

Posted 16 years ago on 5/7/2008 and updated 9/27/2009 Summary: Borland no longer owns Delphi, C++Builder, JBuilder, Interbase, etc.  Tags: Borland , CodeGear , Delphi , JBuilder , C++ Builder , JBuilder , Blackfish , 3rdRail , Interbase KB101034

SAN FRANCISCO May 7, 2008 According to a press release on CodeGear's official web site, Embarcadero Technologies, a privately-held company, today announced that they signed a definitive asset purchase agreement with Borland Software Corporation (NASDAQ: BORL) to purchase its CodeGear division.

This marks yet another twist in Borland's shifting strategies, and it's far too early to tell whether it bodes ill or well for fans of CodeGear's development tools.Quoting from the press release:

"The acquisition of the CodeGear business is expected to make Embarcadero the worlds largest, independent software provider offering an integrated portfolio to design, develop, manage and optimize heterogeneous applications and their databases. Customers and partners will benefit from Embarcaderos ability to help fully integrate their application development lifecycle, automate error-prone tasks and dramatically increase their productivity.

"In addition, Embarcadero gains a significantly larger sales footprint to serve millions of software developers, architects, independent software vendors (ISVs) and database professionals worldwide. The combined market opportunity for Embarcadero and CodeGear products will represent more than 15 million users worldwide and is expected to grow by up to 10 percent annually, according to industry reports. "

For additional details:

Press Release Embarcadero
Customer letter from Wayne Williams, CEO Embarcadero Technologies
Community Letter from David Intersimone, Chief Evangelist, CodeGear
FAQ
Embarcadero Technologies Press Contacts

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News Contributed By Wes Peterson:

Wes Peterson is a Senior Programmer Analyst with Prestwood IT Solutions where he develops custom Windows software and custom websites using .Net and Delphi. When Wes is not coding for clients, he participates in this online community. Prior to his 10-year love-affair with Delphi, he worked with several other tools and databases. Currently he specializes in VS.Net using C# and VB.Net. To Wes, the .NET revolution is as exciting as the birth of Delphi. Visit Profile