Embarcadero gets some awards; Borland still optimizes costs, now almost broke
Very nice to see that Embarcadero (current owners of Delphi) continue the good Borland tradition on receiving prestigious distinctions, e.g. 2 Jolt awards 2009:
Change and Configuration Management Tools
Productivity Winners:
* Change Manager (Embarcadero Technologies)
…
Development Environments
Productivity Winners:
* JBuilder 2008 (Embarcadero Technologies)
Meanwhile, after 1 year since selling CodeGear for about $30 millions, BORL is at the lowest price in quotations history, at about $0.31, with a market capitalization of … $30 millions.
[google.com/finance]
The CEO Ted Nielsen has resigned and went to VMWare, and
[Borland] also announced a work force reduction of about 15 percent and preliminary financial results for the fourth quarter ended Dec. 31, 2008, including revenue if $38.5 million to $40 million.
Borland officials said the company will reduce its work force by approximately 130 employees, which amounts to the aforementioned 15 percent of the company’s regular full-time staff. Borland said the work force reduction and cost cuts will save the company $12 million to $14 million.
Yeah, they had revenues of … $30 millions again 
But no worries, in a year or two Embarcadero will pay $1 million for the Borland brand (they will have so optimised the costs that they will simply close) and we’ll start all over again 
—
Marius
