Embarcadero Technologies is an American based database tools and application development tools software company founded in October 1993 by Stephen Wong and Stuart Browning with just a single database tool for Sybase DBAs — Rapid SQL (released in December the same year). It currently produces tools for database design, development and management, for platforms including Oracle, Microsoft SQL Server, IBM DB2, Sybase and
MySQL.
History
In April 2000, Embarcadero Technologies was listed on NASDAQ. In November the same year, the company acquired GDPro, a UML design solution provider. In October 2005, a data security solution provider, Ambeo, was acquired. Two years later, in June 2007, Thoma Cressey Bravo bought Embarcadero and it became a private company. Wayne Williams was appointed chief executive officer of Embarcadero Technologies in 2007.
The company headquarters are in San Francisco with other offices in Toronto, Melbourne, Munich, Maidenhead (United Kingdom) and Iaşi (Romania). The company currently has an annual revenue of $US 60 million and has more than 270 employees.
On May 7th 2008
Borland Software Corporation announced that its software development tools division,
CodeGear, was to be sold to Embarcadero Technologies for an expected $23 million price and $7 million in
CodeGear accounts receivables retained by Borland. The acquisition closed on 30 June 2008 for approximately $24.5 million.