CodeGear is a wholly owned division of Embarcadero Technologies. CodeGear develops software development tools such as the Delphi Integrated development environment, the programming language Delphi, and the database server InterBase. Originally a division of Borland Software Corporation, it was launched on 14 November 2006. On 8 February 2006 Borland announced that it would seek a buyer for its IDE division and database products. During the spin-off negotiations, these divisions ("developer tools group") internally reorganized into a division called CodeGear. Eventually, five parties bid for the group. However, no bidder offered Borland "numbers that appropriately reflected the value we think is in the business," according to a conference call with Borland CEO Tod Nielsen. More information...
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