Undo...
“After much consideration, we made the decision to establish CodeGear as a separate subsidiary,” said Tod Nielsen, Borland president and chief executive officer. “We have always stated our intention to find the right buyer for this business – one who was committed to our developer community, who would continue innovation in our products and who would offer a sum that matched the value of the business. After a lengthy due diligence process with several serious bidders, we feel the CodeGear decision is in the best interests of our customers, shareholders and employees.”
Source: Borland Forming CodeGear to Focus Exclusively on Developer Productivity
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