Borland Sell CodeGear(Delphi)
Posted on May 7, 2008
Filed Under Delphi |
Borland has just announced that it will sell CodeGear(Delphi) assets to Embarcadero Technologies by $23 million.,which means that CodeGear(Delphi) will no longer belong to Borland.
The following is the official announcement:
May 7, 2008
Borland announced today a definitive agreement to sell the assets of its individual developer tools unit, CodeGear,
to Embarcadero Technologies. The purchase price for CodeGear is expected to be approximately $23 million.
Borland will also retain CodeGear’s accounts receivables
with an approximate value of an additional $7 million.
The transaction is expected to close by June 30, 2008.
For more information, please visit:
www.codegear.com
www.embarcadero.com
If you enjoyed this post, make sure you subscribe to my RSS feed!
Comments
Leave a Reply