Borland's Developer Tools Group to get New Owner

I guess I am a bit behind on the news. Dateline June 30th, 2006:

Nick Jackson, managing director of Borland DTG in the Asia-Pacific region, told ZDNet Asia that the company, which announced its intention to divest its developer product lines on Feb. 8, has attracted about 16 qualified bidders so far.

And some doubters were saying they would have a hard time finding anyone interested. 16 qualified bidders means they had more then 16 interested. Those are only the qualified ones. Heck, I was interested, but not really qualified. And the good news is

By the third quarter of this year, Jackson said that Borland's DTG will become a totally independent company after the divestment.

Interestingly 3rd quarter this year is "Fall of 2006" which is the scheduled date of the as yet unnamed 2006 Developers Conference. I'm telling you, they are going to unveil it at the conference. This is the conference you want to attend.

Also, as was predicted:

He added that Borland will continue to have some small part in the new company, be it in the form of a minor equity stake or representation on the board of directors through Borland CEO Tod Nielson.

So it is in Borland's best interest to find a buyer that shares the vision of making DevCo / DTG as profitable as possible.

Subject Tags: [Programming] [Software] [Borland] [Delphi] [Conference]