CodeGear
| Company type | 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. CodeGear's first CEO was Ben Smith. The current CEO is Jim Douglas.
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 $75.7 million in 2006, which accounted for 25 percent of Borland's total revenue.[5]
On 7 May 2008, Borland and Embarcadero Technologies announced that Embarcadero had "signed a definitive asset purchase agreement to purchase CodeGear."[6] The acquisition, for approximately $24.5 million, closed on 30 June 2008.[7]
Products
- RAD Studio (including Delphi, Delphi Prism and C++Builder)
- Delphi for PHP
- Delphi
- Delphi Prism
- JBuilder
- InterBase
- C++Builder
- JGear
- 3rdRail
References
- ^ Intersimone, David (2006-02-08). "Borland plans separate company for its developer products". Retrieved 2006-11-16.
- ^ "Borland forming CodeGear to focus exclusively on developer productivity" (Press release). Borland. 2006-11-14. Retrieved 2006-11-15.
{{cite press release}}: Check date values in:|date=(help) - ^ Havenstein, Heather (2006-11-15). "Q&A: Borland exec explains reversal on tools division sale". Computerworld. Retrieved 2006-11-16.
- ^ Cowley, Stacy (2006-11-16). "Borland Does About-Face, Keeps Tools Group". CRN. Retrieved 2006-11-14.
- ^ Cowley, Stacy (2007-03-15). "Borland Reports CodeGear Sales As 'CodeRage' Rally Rolls". CRN.
- ^ Intersimone, David (2008-05-07). "Community Letter: Embarcadero Technologies agrees to acquire CodeGear from Borland". Retrieved 2008-05-08.
- ^ Bravo, Thoma (2008-07-01). "Embarcadero Technologies Closes Acquisition of CodeGear". Retrieved 2008-07-03.