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CodeGear

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CodeGear is a wholly owned division of Embarcadero Technologies. CodeGear develops software development tools such as the Delphi Integrated development environment, the programming language Delphi, and the database server InterBase. Originally a division of Borland Software Corporation, it was launched on 14 November 2006.

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On 8 February 2006 Borland announced that it would seek a buyer for its IDE division and database products.[1] During the spin-off negotiations, these divisions ("developer tools group") internally reorganized into a division called CodeGear.[2] Eventually, five parties bid for the group.[3] 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.[4]

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.[5]

On 7 May 2008, Borland Software Corporation and Embarcadero Technologies announced that Embarcadero had "signed a definitive asset purchase agreement to purchase CodeGear."[6][7]

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.[8]

Embarcadero Technologies, Inc. era

On 25 August 2008, Embarcadero Technologies announced the release of Delphi 2009 and C++Builder 2009.[9]

On 28 September 2008, Embarcadero Technologies announced the release of InterBase SMP 2009.[10]

On 1 December 2008, Embarcadero Technologies announced the general availability of CodeGear RAD Studio 2009.[11]

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