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Posts Tagged ‘codegear’

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Aug
07

After-match: CodeGear and Borland in Q2

A transcript of the preliminary Q2 results for Borland is now available (10 pages). Just so we do have something to compare with included are results from Q1. Since it is a last time when there is a public obligation to report such information for CG, let’s take a look.

To keep the same format:

Three Months Ended Three Months Ended July 31, 2008 March 31, 2008 ALM DPG CodeGear || ALM DPG CodeGear Licenses 10,000 || 9,415 9,122 9,283
Service  21,900                  || 22,972  4,549   2,933
Total    31,900  10,000  10,800  || 32,387 13,671  12,216

This compares to the prior year Q2: enterprise license a decline of 28.4%; maintenance a decline of 2.4%; and training and consulting a decline of 20%.

ALM revenue was 1.4% below the previous quarter and 18.6% below the previous year. ALM license revenue showing growth of 6.3 % over the previous quarter, but declining 35% from the previous year. ALM maintenance growing 1% from the previous quarter and declining 2.1% from the previous year.

ALM training and consulting declining 19% from the previous quarter and declining 22.7% from the previous year. DPG revenue declined 27.3% from the previous quarter and declined 6.2% from the previous year. IDE revenue, which is now reported under discontinued operations, was $10.8 million and declined 11.5% from the previous quarter and 20.4% from the previous year.

Update Aug 18, 2008: Borland has published official numbers for Q2 which no longer include CodeGear exact numbers mentioned above. Rather it is shown under discontinued operations.

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Jul
24

From Inprise to Tiburón. Fall and rise of development tools.

First, if you were looking for information about Hyndai’s sporty compact, it is not about it.

CodeGear joined Embarcadero and finally is free to do what they suppose to do for many years now – develop the software for developers and not some few of many tools for IT management (there would be no problem there in general until development tools line start to degrade).

CodeGear extends the Borland legacy, but not in the way it was done last 8 years since the era of Inprise ALM movement.

Back in 2000, Dale L. Fuller, then president and CEO of Borland, said about going back to the roots and renaming from Inprise to Borland:

“The Borland name has always been synonymous with superior technology,” “We recognize the influence the Borland name has on customers, and we know this decision will strengthen our identification within our target markets.  The Borland name symbolizes a new start for the company, which has proven itself over the past eighteen months with two consecutive quarters of profitability.  As we continue our turnaround, the name change signifies our renewed commitment to customers, stockholders, employees and analysts.  Borland has always been well known for its ability to simplify complex technologies and the new name signals a return to the commitment to deliver superior technology that helps speed and ease the software development lifecycle.”

Promiss which never had a chance to be furfilled. “Software development lifecycle” took over the “developers, developers, developers” (Microsoft (c), this guy can motivate) moto which we used to associate Borland’s name with. It took long 10 years to fully realize potentials of the development tools market.

Now with CodeGear finally free form “Inprise” legacy (it is sad that we have lost good old name “Borland” in “Delphi”, but may be it is for the best.) we all looking forward to see a comeback of Delphi development platform, both as a language and as IDE, to get back its rightful place among modern development platforms.

We have a great tool which just need to return to the day light.

Do you want to know more about a new version? Read what people are saying about a new version, codename Tiburón. If you are not currently using it, give it a try. See what Delphi name was about for years.

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Jul
21

So it began: Tiburón in the news – July 25, 2008

Now we finally can talk about a new version of RAD Studio - Tiburón.

Did you miss some of the posts? Check the list below for most comprehensive list of posts about upcomming Tiburon release.

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Jul
09

CodeGear: the real price of acquisition

It has been a week since sale/acquisition of CodeGear (read IDE division) has been completed.

We all heard about $30M as price for CG. Now we can see final numbers.

From “Form 8-K for BORLAND SOFTWARE CORP” now available for public review:

The total consideration was $29.8 million less the estimated amount of the accounts receivable at closing, which was approximately $5.6 million, and less the estimated working capital adjustment of approximately $3.5 million, which resulted in Borland receiving approximately $20.7 million in cash.

And it is not just about money – patents, licenses, trademarks, copyrights…

i) a patent assignment agreement, whereby Borland assigned 34 of its patents which pertain solely or substantially to the CodeGear business;
(ii) a patent license, whereby Borland granted to Embarcadero a non-exclusive license restricted to a certain field of use;
(iii) a technology cross-license agreement, which provides for licenses to and from the parties for software and tools used in both the CodeGear and Borland’s retained business;
(iv) a services agreement which obligates Embarcadero to provide software license management application services to Borland following the closing, which will be necessary because Borland will transfer to Embarcadero the software license management application it uses for certain of its products;
(v) copyright, trademark and domain name assignment agreements, which provided for the assignment of copyrights, trademarks and domain names used primarily in the CodeGear business;
(vi) an occupancy agreement, which will provide for the sublease by Borland of facilities used in the CodeGear business; and
(vii) a transition services agreement, which will obligate Borland to provide services to Embarcadero for a limited time to assist with the transition of the CodeGear business from Borland to Embarcadero.

and associated costs up to $4.4M. 

We do not know exact details for the agreement but it is more like a pocket change considering that published revenues for CG in Q1 were $12.2M… and remember original $100M talk? … fire sale.

I am really happy for ET (ex CG) IDE team. With such ex-management one wouldn’t have breakfast to eat.

PS. I want to thank Marco for reminding us about the “A reading from the second book of Codh“.

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Posted in Delphi | 1 Comment »

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