May
7th
Wed
7th
The combined company, when the transaction is completed, will be a good example of a deal where 1+1 = 3++.
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Community Letter: Embarcadero Technologies agrees to acquire CodeGear from Borland (via Firebird News).
CodeGear (Delphi, InterBase and the other Borland developer tools) have finally got a buyer. The community annoucement linked to above includes this choice quote. Groan.
Customer letter from Wayne Williams (pdf), CEO Embarcadero Technologies
Update: El Reg has also got the story. It has some financial details on the deal:
Database tools vendor Embarcadero Technologies has snapped up Borland Software’s unwanted tools subsidiary CodeGear for $23m - $127m less than initially sought
