News just in from CodeGear :
"Embarcadero Technologies, a privately-held company of Thoma Cressey Bravo,
today announced that they signed a definitive asset purchase agreement with
Borland Software Corporation (NASDAQ: BORL) to purchase its CodeGear division.
The transaction is expected to close in 30 to 60 days. By combining the
market leaders in development tools and database tools, Embarcadero will be
able to address the growing productivity and resource challenges companies
face as a result of different applications and diverse database platforms.
With more than $100 million in annual revenue and over 500 employees
worldwide, the combined companies will operate under the Embarcadero
Technologies name."

The complete press release as well as additional information on the announcement
are available on the CodeGear Developer Network (CDN) and at the following links:

Announcement Landing page - http://www.codegear.com/about/news/embt
Press Release - http://www.codegear.com/article/3812...ase_050708.pdf
Customer letter from Wayne Williams (CEO Embarcadero Technologies) - http://www.codegear.com/article/3812...etterFinal.pdf
Community letter from David Intersimone (VP Developer Relations & Chief Evangelist) - http://dn.codegear.com/article/38132
FAQ - http://www.codegear.com/article/3812...NAL_5.7.08.pdf

A live, online community chat to discuss the announcement and to answer questions
will be held in the next week. Stay tuned to CDN (http://dn.codegear.com) for the date and
time for the online chat.