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CodeGear
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CodeGear is a wholly-owned division of Embarcadero Technologies. CodeGear develops software development tools such as the Delphi IDE, the programming language Delphi, and the database server InterBase. Originally a division of Borland Software Corporation, it was launched on 14 November 2006. CodeGear's first CEO was Ben Smith. The current CEO is Jim Douglas.
February 2006 Borland announced that it would seek a buyer for its IDE division and database products.

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CodeGear is a wholly-owned division of Embarcadero Technologies. CodeGear develops software development tools such as the Delphi IDE, the programming language Delphi, and the database server InterBase. Originally a division of Borland Software Corporation, it was launched on 14 November 2006. CodeGear's first CEO was Ben Smith. The current CEO is Jim Douglas.
History
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.
Borland's 2006 annual report showed that its CodeGear IDE business had sales of $75.7 million in 2006, which accounted for 25 percent of Borland's total revenue.
On 7 May 2008, Borland and Embarcadero Technologies announced that Embarcadero had "signed a definitive asset purchase agreement to purchase CodeGear." The acquisition, for approximately $24.5 million, closed on 30 June 2008.
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