CodeGear explained

CodeGear
Type:Private (wholly owned subsidiary)
Foundation:California (2006)
Num Employees:200 est. (2006)
Homepage:CodeGear

CodeGear is a wholly owned division of Embarcadero Technologies. CodeGear develops software development tools such as the Delphi Integrated development environment, the programming language Delphi, and the database server InterBase. Originally a division of Borland Software Corporation, it was launched on 14 November 2006.

History

On 8 February 2006 Borland announced that it would seek a buyer for its IDE division and database products.[1] During the spin-off negotiations, these divisions ("developer tools group") internally reorganized into a division called CodeGear.[2] Eventually, five parties bid for the group.[3] 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.[4]

Borland's 2006 annual report showed that its CodeGear IDE business had sales of US$75.7 million in 2006, which accounted for 25 percent of Borland's total revenue.[5]

On 7 May 2008, Borland Software Corporation and Embarcadero Technologies announced that Embarcadero had "signed a definitive asset purchase agreement to purchase CodeGear."[6] [7]

On 1 July 2008, Embarcadero Technologies announced the completed acquisition of CodeGear from Borland Software Corporation on 30 June 2008, for approximately $24.5 million.[8]

Embarcadero Technologies, Inc. era

On 25 August 2008, Embarcadero Technologies announced the release of Delphi 2009 and C++Builder 2009.[9]

On 28 September 2008, Embarcadero Technologies announced the release of InterBase SMP 2009.[10]

On 1 December 2008, Embarcadero Technologies announced the general availability of CodeGear RAD Studio 2009.[11]

Products

Notes and References

  1. Web site: Borland plans separate company for its developer products . 16 November 2006 . Intersimone . David . 8 February 2006 . https://web.archive.org/web/20060613010404/http://bdn.borland.com/article/33439 . 13 June 2006 . dead .
  2. Borland . 14 November 2006 . Borland forming CodeGear to focus exclusively on developer productivity . 15 November 2006 . 30 December 2013 . https://web.archive.org/web/20131230234427/http://edn.embarcadero.com/article/33819 . dead .
  3. News: Heather. Havenstein. Q&A: Borland exec explains reversal on tools division sale. Computerworld. 15 November 2006. 16 November 2006. https://web.archive.org/web/20071105231450/http://www.computerworld.com/action/article.do?command=viewArticleBasic&taxonomyId=11&articleId=9005132&intsrc=hm_topic. 5 November 2007. dead.
  4. News: Stacy. Cowley. Borland Does About-Face, Keeps Tools Group. CRN. 16 November 2006. 14 November 2006. https://web.archive.org/web/20110927005138/http://www.crn.com/sections/breakingnews/breakingnews.jhtml;jsessionid=MIBAIKWHAKZ3KQSNDLRCKHSCJUNN2JVN?articleId=194300636. 27 September 2011. dead.
  5. Web site: Stacy. Cowley. Borland Reports CodeGear Sales As 'CodeRage' Rally Rolls. CRN. 15 March 2007.
  6. Web site: Community Letter: Embarcadero Technologies agrees to acquire CodeGear from Borland . 8 May 2008 . Intersimone . David . 7 May 2008 . 15 April 2012 . https://web.archive.org/web/20120415164511/http://edn.embarcadero.com/article/38132 . dead .
  7. Web site: Borland Reports First Quarter 2008 Financial Results and Announces Agreement for Sale of CodeGear Unit - Company Hits Transformation Milestone, Reaffirms 2008 Revenue and Profitability Expectations for Enterprise Segment . 7 May 2008 . dead . https://web.archive.org/web/20081127105231/http://www.borland.com/us/company/news/press_releases/2008/05_07_08_borland_reports_first_quarter_2008_financial_results.html . November 27, 2008 .
  8. Web site: Embarcadero Technologies Closes Acquisition of CodeGear . 3 July 2008 . Bravo . Thoma . 1 July 2008 . dead . https://web.archive.org/web/20091125044158/http://www.codegear.com/article/38314/ . November 25, 2009 .
  9. Web site: Embarcadero Goes Global with Next-Generation Delphi and C++Builder Development Tools for Windows - New tools enable ISVs and business developers to build high-performance client/server and packaged software applications that support rich user experiences worldwide . 25 August 2008.
  10. Web site: Embarcadero Announces High-Performance InterBase® SMP 2009 Database for Embedded and Enterprise Applications - New security, portability, performance and uptime capabilities. . 28 September 2008.
  11. Web site: Embarcadero Extends CodeGear™ RAD Studio 2009 Capabilities from Windows to .NET and Mono - RAD Studio 2009 Delivers Comprehensive Rapid Application Development for Developers and ISV. . 1 December 2008.

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