CodeGear – Formerly Borland’s Developer Tools Group – Expected to Become a Separate Wholly Owned Subsidiary by Early 2007
CUPERTINO, Calif.,— November 14, 2006 — Borland Software Corporation (NASDAQ: BORL, www.borland.com), today announced its decision to separate the Developer Tools Group into a wholly-owned subsidiary focused on maximizing developer productivity. The newly formed operation, CodeGear, will be responsible for advancing the four primary product lines formerly associated with Borland’s Integrated Development Environment (IDE) business. These include Developer Studio (Delphi®, C++Builder® and C#Builder®), JBuilder® (including the upcoming Eclipse-based “Peloton” offering), Turbo® and Interbase.
The full announcement can be found here: