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.
On 8 February 2006 Borland announced that it would seek a buyer for its IDE division and database products. During the spin-off negotiations, these divisions ("developer tools group") internally reorganized into a division called CodeGear. Eventually, five parties bid for the group. 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.
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.
On 7 May 2008, Borland Software Corporation and Embarcadero Technologies announced that Embarcadero had "signed a definitive asset purchase agreement to purchase CodeGear."
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.
On 25 August 2008, Embarcadero Technologies announced the release of Delphi 2009 and C++Builder 2009.
On 28 September 2008, Embarcadero Technologies announced the release of InterBase SMP 2009.
On 1 December 2008, Embarcadero Technologies announced the general availability of CodeGear RAD Studio 2009.
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Wikipedia