SDA India is an online resource for Software, Development,IT, Architecture, Open Source, Mobile, Security, Databases, Delphi, C, OS, Asp, .Net, Php, Xml, Java
Feature Stories
Average Rating
Rate this article
Rate this article
1
2
3
4
5
Coolest Features
SOA INDIA 2008- Where IT Aligns with Business
Average Rating
Alcatel-Lucent Names Ben Verwaayen CEO
Average Rating
Red Hat Acquires Qumranet for US$107 Million
Average Rating
Related Topics
Embarcadero Snaps Up CodeGear For USD 23 Million
Borland Software, a vendor of Open Application Lifecycle Management (ALM) solutions, recently announced to sell the assets of its CodeGear division to Embarcadero Technologies, a privately held company of Thoma Cressey Bravo. Expected to close by June 30, 2008, Embarcadero will shed USD 23 million to purchase CodeGear.
The combined companies would operate under the Embarcadero Technologies name, once the acquisition is complete, and is expected to generate annual revenue of more than USD 100 million. Wayne Williams, CEO of Embarcadero, will front the combined business, but CodeGear will remain a unit of Borland Software until the deal is closed. Borland will also retain CodeGear accounts receivables that are estimated to have an approximate value of an additional USD 7 million.
Along with this announcement, Borland also revealed its financial results for the first quarter ended March 31. Borland generated total revenue of USD 58.3 million, GAAP net loss of USD 22.3 million, or USD 0.31 per share, and non-GAAP net loss of USD 4.0 million, or USD 0.05 per share.
GAAP net loss included an impairment charge of USD 13.3 million in CodeGear goodwill, USD 1.6 million in stock-based compensation, USD 2.2 million in amortization of intangible assets, and USD 1.3 million in restructuring expenses.
ALM products and services generated revenue of USD 32.4 million whereas Deployment (DPG) products and services revenue was USD 13.7 million. Revenue generated from CodeGear (IDE) products and services was USD 12.2 million.
Related Links
http://embarcadero.com Other Features by Channels
IT BUSINESS
DEVELOPER
From the News Desk
A new study has revealed that although a significant number of …
EMC and Lenovo said Thursday that they have drawn up a …
Fujitsu Asia and VMware, Inc, this week entered into a local …
Verizon Communications and Yahoo have inked a new multiyear agreement to …
Experian, the global information services company, has appointed Bernie Grady to …
Voxbone, a provider of local telephone numbers and VoIP (Voice Over …
VKernel Corporation, a provider of virtual appliances for managing virtual server …
Articles
Today we have easy access to software products in the market, with just a single degree of separation between the producer and the consumer. This has created new opportunities as well as problems, foremost among them being counterfeiting and piracy.Emerging and Existing Forms of PiracyIn 1929, Edwin Hubble, discovered …
Coping with a sea of data Enterprise backup policies haven’t evolved all that much in recent years. Backup data is still, for the most part, written to magnetic tape each night, duplicated and then sent off-site to meet disaster recovery needs. Of course, disk already plays a role in …
Mashups comes into picture when there is a demand in today’s global environment, a web site that should have the power of drawing upon content and functionality retrieved from external data sources with no organizational boundaries. Mashups are of-course a new bread of web based integrating data from the applications that …
Interviews
We are currently in the process of developing an Enterprise Information Management suite that would enable efficient management of both the structured and unstructured data of large organizations and provide a personalized digital dashboard to all the stakeholders to view critical reports and important documents. SDA-India.com in conversation with Mr Shastri, Chairman and Managing …
Microsoft Tech Day is an event of technology & only for technologists! Events like these add new dimensions to Sapient Technology Practice and solidify Sapient delivery capabilities in Microsoft Technology. SDA-India.com sits with Mr. Sandeep Dhar, Managing Director, Sapient, to know more about MS Tech days and how significant is the relationship between Sapient and Microsoft. …
Imagine data intensive enterprises like BFSI, IT and Telecom where huge amounts of data are churned everyday. In these enterprises, data changes often and the amount of stored data is large. In the event of lost data, damaged files, or extended downtime, this could lead to business getting affected. Mr. Basant Rajan, CTO India, Symantec Corporation, talks to SDA-India.com, enlightening our readership on the benefits of Back …
