writes "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.
writes "The acquisition of CodeGear, Borland's Developer Tools Division, will create the world's largest, platform-independent software provider of database and application development tools.
The combined company will offer customers the ability to better integrate their database and application development processes, making it easier to design, develop, manage and optimize heterogeneous applications and their databases.
More here: http://www.codegear.com/article/38124/images/38124/EMBT-CG_Press_Release_050708.pdf
and here : http://www.codegear.com/about/news/embt
Perhaps Delphi won't die after all..."