Sat, 09 May 2009

Brit software group swallows Borland for $67m

Borland will someday be a textbook example for MBA students on how not to manage a company. They had a huge technology lead, market dominating products and in less than a decade they completely blew it.

And while the company that bought the remains is known for it's COBOL products, I doubt that they had a "Turbo COBOL" compiler in mind with this purchase. Fare thee well, Borland, and thanks for the memories.

Micro Focus has bought Borland for $67m and is also buying the application testing business of Compuware.

(link) [The Register]

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