Embarcadero Technologies

Embarcadero Technologies
Private company
Industry Software development
Web development
Database design
Database management system
Founded October 1993
Headquarters San Francisco, California, U.S.
Products RAD Studio 10.1 Berlin, Delphi, C++Builder, InterBase
Owner Idera Software
Number of employees
500
Website www.embarcadero.com

Embarcadero Technologies is an American computer software company that developed, manufactures, licenses, and supports products and services related to software through several product divisions. It was founded in 1993, went public in 2000, and private in 2007, and was sold by Thoma Cressey Bravo to Idera in 2015, and Embarcadero Technologies is now a division of Idera used for its developer tools business.[1]

History

Founded in October 1993 by Stephen Wong and Stuart Browning with a single tool for Sybase database administrators released in December of the same year Rapid SQL,[2] it later added tools for software development on Microsoft Windows and other operating systems, and for database design, development and management, for platforms including Oracle, Microsoft SQL Server, IBM DB2 and MySQL.

In April 2000 Embarcadero Technologies had its initial public offering, and was listed on NASDAQ with symbol EMBT.[3]

In November the same year, the company acquired GDPro, a Unified Modeling Language software provider. In October 2005 Embarcadero acquired data security business Ambeo. In June 2007, Thoma Cressey Bravo bought Embarcadero, and it became a private company.[4] Wayne Williams was appointed chief executive officer of Embarcadero Technologies in 2007.

On May 7, 2008 Borland Software Corporation announced that its software development tools division, CodeGear, was to be sold to Embarcadero Technologies for an expected $23 million price and $7 million in CodeGear accounts receivables retained by Borland.[5] The acquisition closed on June 30, 2008 for approximately $24.5 million.[6]

In December 2011, Embarcadero announced AppWave, an enterprise app store for PCs running Microsoft Windows instead of mobile phones. The platform supports Embarcadero software, commercial titles and free and open source apps.[7] In April 2012 it was moved to a web site called AppWave Store.[8]

The company headquarters is in San Francisco, California, with international offices in Toronto, Sydney, Munich, Maidenhead (United Kingdom)[9] Alicante (Spain) and Iaşi (Romania). As of 2012 the company had an annual revenue of $100 million, and about 500 employees on its payroll.

In 2014 Embarcadero Technologies nearly acquired the CA ERwin Data Modeler product from CA, Inc..[10] This acquisition was blocked by the Department of Justice over anti-competitive concerns.[11]

In October 2015 it was announced that the company is to be sold to a database performance tool vendor called Idera.[12]

Products

Database products

Application development

In July 2008 Embarcadero acquired CodeGear from the Borland Software Corporation.[1]

Codegear owned a number of application development products, the most important ones that are still developed in 2016 are:

References

  1. 1 2 "About Us". Company web site. Retrieved October 21, 2013.
  2. Stephen Wong listed as Co-founder from allbusiness.com
  3. "Prospectus". S-1/A. US Securities and Exchange Commission. April 20, 2000. Retrieved October 21, 2013.
  4. Cressey Bravo Acquires Embarcadero Technologies, edaweek.com, October 30, 2007
  5. Silicon Valley Technology News, Embarcadero Technologies buys CodeGear
  6. "Embarcadero Technologies Closes Acquisition of CodeGear". Press release. July 1, 2008. Archived from the original on July 4, 2008. Retrieved October 21, 2013.
  7. Dana Gardner (December 7, 2011). "Embarcadero brings self-service app store model to enterprises to target PCs and their universe of software". ZDNet. Retrieved October 21, 2013.
  8. Michael del Castillo (April 24, 2012). "Microsoft App Store Competes With Microsoft". Upstart Business Journal. Retrieved October 21, 2013.
  9. List of Embarcadero Technologies offices from Embarcadero.com
  10. Joab Jackson. "Embarcadero moves into data modeling with CA ERwin buy". IDG News Service, 14 March 2014.
  11. http://www.justice.gov/opa/pr/embarcadero-technologies-and-ca-inc-terminate-proposed-transfer-ca-incs-erwin-data-modeler
  12. Anderson, Tim (8 October 2015). "Microsoft tool-crafter Idera buys database, app firm Embarcadero". The Register. Retrieved 27 October 2015.
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