CodeGear

From Wikipedia, the free encyclopedia

CodeGear
Type Private (wholly-owned subsidiary)
Founded California (2006)
Headquarters Scotts Valley, California
Key people Jim Douglas — CEO
Industry Computer software
Products Delphi, JBuilder, C++ Builder, InterBase
Employees 200 est. (2006)
Parent Borland
Website CodeGear

CodeGear is a wholly-owned division of Borland Software Corporation, which develops software development tools such as the Delphi IDE and programming language and the database server InterBase. It was launched on 14 November 2006. CodeGear's first CEO was Ben Smith. The current CEO is Jim Douglas.

Contents

[edit] History

On 8 February 2006 Borland announced that they would seek a buyer for their IDE division and database products.[1] During the spin-off negotiations, these divisions ("developer tools group") internally reorganized into a subsidiary called CodeGear. Eventually, five parties bid for the group.[2] However, no bidder offered Borland "numbers that appropriately reflected the value we think is in the business," according to a conference call with Borland CEO Tod Nielsen.[3]

Borland's 2006 annual report showed that its CodeGear IDE business had sales of $75.7 million in 2006, which accounted for 25 percent of Borland's total revenue.[4]

On 7 May 2008, Borland and Embarcadero Technologies announced that Embarcadero had "signed a definitive asset purchase agreement to purchase CodeGear".[5]

[edit] Products

[edit] Notes

  1. ^ Intersimone, David (2006-02-08). Borland plans separate company for its developer products. Retrieved on 2006-11-16.
  2. ^ Havenstein, Heather. "Q&A: Borland exec explains reversal on tools division sale", Computerworld, 2006-11-15. Retrieved on 2006-11-16. 
  3. ^ Cowley, Stacy. "Borland Does About-Face, Keeps Tools Group", CRN, 2006-11-16. Retrieved on 2006-11-14. 
  4. ^ Cowley, Stacy (2007-03-15). Borland Reports CodeGear Sales As 'CodeRage' Rally Rolls. CRN.
  5. ^ Intersimone, David (2008-05-07). Community Letter: Embarcadero Technologies agrees to acquire CodeGear from Borland. Retrieved on 2008-05-08.

[edit] References