Private company | |
Industry |
Software development Web development Database design Database management system |
Founded | October 1993 |
Headquarters | San Francisco, California, U.S. |
Products | RAD Studio 10.1 Berlin, Delphi, C++Builder, InterBase |
Owner | Idera Software |
Number of employees
|
500 |
Website | www |
Embarcadero Technologies is an American computer software company that develops, manufactures, licenses, and supports products and services related to software through several product divisions. It was founded in 1993, went public in 2000, and private in 2007, and was sold by Thoma Cressey Bravo to Idera in 2015, and Embarcadero Technologies is now a division of Idera used for its developer tools business.
Founded in October 1993 by Stephen Wong and Stuart Browning with a single tool for Sybase database administrators released in December of the same year Rapid SQL, it later added tools for software development on Microsoft Windows and other operating systems, and for database design, development and management, for platforms including Oracle, Microsoft SQL Server, IBM DB2 and MySQL.
In April 2000 Embarcadero Technologies had its initial public offering, and was listed on NASDAQ with symbol EMBT.
In November the same year, the company acquired GDPro, a Unified Modeling Language software provider. In October 2005 Embarcadero acquired data security business Ambeo. In June 2007, Thoma Cressey Bravo bought Embarcadero, and it became a private company. Wayne Williams was appointed chief executive officer of Embarcadero Technologies in 2007.
On May 7, 2008 Borland Software Corporation announced that its software development tools division, CodeGear, was to be sold to Embarcadero Technologies for an expected $23 million price and $7 million in CodeGear accounts receivables retained by Borland. The acquisition closed on June 30, 2008 for approximately $24.5 million.
In December 2011, Embarcadero announced AppWave, an enterprise app store for PCs running Microsoft Windows instead of mobile phones. The platform supports Embarcadero software, commercial titles and free and open source apps. In April 2012 it was moved to a web site called AppWave Store.