Borland Being Purchased By Micro Focus
An anonymous reader tips news that Micro Focus is in the process of buying Borland Software for $75 million. They also picked up Compuware's application testing and automated software quality business. Quoting ZDNet:
"The boards of both companies agreed to the deal, which is expected to complete around mid-2009. ... In 2008, Texas-based Borland made a pre-tax loss of $204m, almost four times the size of the previous year's loss. It had revenues of $172m, part of a consistent downward trend since at least 2004. ... Borland was one of the oldest software companies in the PC software business, having been founded in 1981. Its most successful era was in the late 1980s via massive sales of Sidekick, a DOS-based terminate-and-stay-resident personal productivity application, and development tool Turbo Pascal, which challenged Microsoft's dominance in the application-development market."
"Micro Focus Net Express® is the market-leading COBOL development environment"
So, a company that should've died off in the nineties is being bought by a company that noone has ever heard of that should've died off in the eighties. Weird.
Man - between all that bullshit and bands like "A Flock of Haircuts" it was enough to make Max Headroom hurhurhur-HURL!
RS
Shoes for Industry. Shoes for the Dead.
I'm not sure what surprised me more when I read this: that Borland still exists, or that Micro Focus still exists.
"You cannot simultaneously prevent and prepare for war." -- Albert Einstein
Do you have Tourette's syndrome, or is there some other reason why your post is liberally sprinkled with shouted obscenities?
Confucius say, "Find worm in apple - bad. Find half a worm - worse."
Go FORTRAN yourself, you FrameMaker.