CodeGear

CodeGear
Private (wholly owned subsidiary)
Industry Computer software
Founded California (2006)
Headquarters Scotts Valley, California
Key people
Jim Douglas — CEO
Products Delphi, JBuilder, C++ Builder, InterBase
Number of employees
200 est. (2006)
Parent Embarcadero Technologies
Website CodeGear

CodeGear is a wholly owned division of Embarcadero Technologies. CodeGear develops software development tools such as the Delphi IDE, 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

References

  1. Intersimone, David (8 February 2006). "Borland plans separate company for its developer products". Retrieved 16 November 2006.
  2. "Borland forming CodeGear to focus exclusively on developer productivity" (Press release). Borland. 14 November 2006. Retrieved 15 November 2006.
  3. Havenstein, Heather (15 November 2006). "Q&A: Borland exec explains reversal on tools division sale". Computerworld. Retrieved 16 November 2006.
  4. Cowley, Stacy (16 November 2006). "Borland Does About-Face, Keeps Tools Group". CRN. Retrieved 14 November 2006.
  5. Cowley, Stacy (15 March 2007). "Borland Reports CodeGear Sales As 'CodeRage' Rally Rolls". CRN.
  6. Intersimone, David (7 May 2008). "Community Letter: Embarcadero Technologies agrees to acquire CodeGear from Borland". Retrieved 8 May 2008.
  7. "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. Archived from the original on November 27, 2008.
  8. Bravo, Thoma (1 July 2008). "Embarcadero Technologies Closes Acquisition of CodeGear". Archived from the original on November 25, 2009. Retrieved 3 July 2008.
  9. "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. "Embarcadero Announces High-Performance InterBase® SMP 2009 Database for Embedded and Enterprise Applications - New security, portability, performance and uptime capabilities.". 28 September 2008.
  11. "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.

External links

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