Borland finally sells its CodeGear tools division

Borland finally sells its CodeGear tools division

By
shinyplastic
on May 7, 2008 11:12 AM | | Comments (0)

"Borland Software has sold its CodeGear development tools division to Embarcadero Technologies for about $23 million, the companies said Wednesday.

CodeGear sells the products that Borland used to be best known for--its JBuilder Java development tool, Delphi, and C++Builder. More recently, CodeGear has created development tools for PHP and Ruby.

Two years ago, Borland CEO Tod Nielsen announced a plan to sell off the tools division separate from its application lifecycle management product line. The tools division has been hurt from competition from free, open-source products, notably the Eclipse IDE."

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