eWeek.com reports Borland to Divest Dev Tools with Segue Buyout. This is definitely not a move I expected from Borland’s new CEO Tod Nielsen. Borland made the announcement yesterday saying it plans to seek a buyer for the Borland IDE product lines, which include Delphi, C++ Builder, C# Builder, JBuilder, InterBase, Kylix, and more.
Although I didn’t expect it, I think it is a good move. Borland’s focus the last couple of years has been on its ALM business, which is no interest to me. The idea that a new spin-off company will be created that will focus on development tools such as Delphi sounds like the right move to me. And I was happy to read that David Intersimone, aka David I, will be joining the new dev tool company.
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