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Delphi Gamer article on Devco moving forward

 
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Richard Foersom
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PostPosted: Tue May 09, 2006 10:14 pm    Post subject: Delphi Gamer article on Devco moving forward Reply with quote



At Pascal Game Development (Delphi Gamer) there is an interesting news
article with summary of statements made by Borland employees at the
European developer tour presentation in London GB.

"NewDevCo are not looking to be bought, but are looking for venture
capitalists to invest in the new company. So it is essentially a
spinoff from Borland not a selloff and they don't want to be bought by
another company. They want to become their own company that is
developer focused."

2006-05-09 BDS London conference...
<http://www.delphigamer.com/>
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Craig
Guest





PostPosted: Tue May 09, 2006 11:30 pm    Post subject: Re: Delphi Gamer article on Devco moving forward Reply with quote



Quote:

"NewDevCo are not looking to be bought, but are looking for venture
capitalists to invest in the new company. So it is essentially a
spinoff from Borland not a selloff and they don't want to be bought by
another company. They want to become their own company that is
developer focused."

This has been said from day 1. I don't think it is anything new.

Craig.
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TObject
Guest





PostPosted: Wed May 10, 2006 12:14 am    Post subject: Re: Delphi Gamer article on Devco moving forward Reply with quote



"Craig" <craigvn (AT) gmail (DOT) com> wrote in message news:44611ab1 (AT) newsgroups (DOT) borland.com...

Quote:
"NewDevCo are not looking to be bought, but are looking for venture
capitalists to invest in the new company. So it is essentially a
spinoff from Borland not a selloff and they don't want to be bought by
another company. They want to become their own company that is
developer focused."

This has been said from day 1. I don't think it is anything new.

That was my understanding as well. I have wondered where all

the news about "buyer companies" comes from.
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Chris Burrows
Guest





PostPosted: Wed May 10, 2006 1:14 am    Post subject: Re: Delphi Gamer article on Devco moving forward Reply with quote

"TObject" <newsgroupreader (AT) pronografics (DOT) spamwon.com> wrote in message
news:4461297e$1 (AT) newsgroups (DOT) borland.com...
Quote:

"Craig" <craigvn (AT) gmail (DOT) com> wrote in message
news:44611ab1 (AT) newsgroups (DOT) borland.com...

"NewDevCo are not looking to be bought, but are looking for venture
capitalists to invest in the new company. So it is essentially a
spinoff from Borland not a selloff and they don't want to be bought by
another company. They want to become their own company that is
developer focused."

This has been said from day 1. I don't think it is anything new.

That was my understanding as well. I have wondered where all

the news about "buyer companies" comes from.


Borland's press release on the subject could easily be interpreted that way,
whether intentional or not:

"...Announces Plan to Divest IDE Product Lines"

"...Borland announced plans to seek a buyer..."

"...Borland has retained Bear, Stearns & Co. Inc. to manage the process of
seeking a buyer for Borland's IDE assets."

--
Chris Burrows
CFB Software
http://www.cfbsoftware.com
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Dave Jewell
Guest





PostPosted: Wed May 10, 2006 11:14 am    Post subject: Re: Delphi Gamer article on Devco moving forward Reply with quote

"Richard Foersom" <r.nojunk.foersom (AT) pt (DOT) nowhere.lu> wrote in message
news:446105ef (AT) newsgroups (DOT) borland.com...

Quote:
"NewDevCo are not looking to be bought, but are looking for venture
capitalists to invest in the new company. So it is essentially a
spinoff from Borland not a selloff and they don't want to be bought by
another company. They want to become their own company that is
developer focused."

Now there's a surprise. ;-)

Dave
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Dave Jewell
Guest





PostPosted: Wed May 10, 2006 11:14 am    Post subject: Re: Delphi Gamer article on Devco moving forward Reply with quote

"TObject" <newsgroupreader (AT) pronografics (DOT) spamwon.com> wrote in message
news:4461297e$1 (AT) newsgroups (DOT) borland.com...

Quote:
That was my understanding as well. I have wondered where all the news
about "buyer companies" comes from.

From Borland. Intersimone's original blog is still there if you care to
read it:

http://blogs.borland.com/davidi/archive/2006/02/08/23013.aspx.

He mentions finding a buyer for the company at least three times. He
mentions looking for venture capital precisely zero times.

Nevertheless, I *would* agree that all the clues are there in the original
announcement that they were seeking either (a) a management buy-out or (b)
hoping for venture capital or maybe a little of both. ;-)

Dave
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Eric Grange
Guest





PostPosted: Wed May 10, 2006 11:14 am    Post subject: Re: Delphi Gamer article on Devco moving forward Reply with quote

Quote:
Now there's a surprise. Wink

This isn't a surprise only for those who come to these newsgroups or
visit Allen's blog.
For the world at large, the only perception that got through so far is
that it's a selloff, a perception encouraged by the wording of the
official press releases, where it's all about "seeking a buyer"...

Eric
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Eric Grange
Guest





PostPosted: Wed May 10, 2006 12:14 pm    Post subject: Re: Delphi Gamer article on Devco moving forward Reply with quote

Quote:
Me thinks that most likely his is a faux susprise...

To *you*, because you're regularly visiting this forum and the borlander
blogs like Allen's.

To people that don't pass by the rumourmill everyday (ie. the vast
majority), there has been a distinct lack of such information before,
and one such lack of information is clearly what the David I tour is
trying to solve. Note that the particular piece of news appeared after a
stop on said tour.

Quote:
From the very first day he has always refered to the "divesiture" as a
"spin-out/off".

Yes, he did, but on a blog page, public information-wise, I'm sorry to
pop the bubble, but the effect is about nil.

Quote:
Such as this latest one dated May 3, 2006. [...]

Sounds just like the previous ones: you read about divesting, bidders
and buyers.

Eric
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I.P. Nichols
Guest





PostPosted: Wed May 10, 2006 12:14 pm    Post subject: Re: Delphi Gamer article on Devco moving forward Reply with quote

"Eric Grange" wrote:
Quote:
Now there's a surprise. Wink

Me thinks that most likely his is a faux susprise...

Quote:
This isn't a surprise only for those who come to these newsgroups or
visit Allen's blog.

From the very first day he has always refered to the "divesiture" as a
"spin-out/off".
Feb 7: "Just to clarify, the spin-off of the IDE/Tools business is *not*
being driven by Mr. Coates".
Feb 8: " BTW, you'll notice that I'll never use the term "divestiture" or
"divest." Those are ugly and cold. I prefer "spin-out" or "spin-off."
They sound, at least to me, to be much more positive."

At this point I'm beginning to wonder just who is the spiner and who is the
spinee. OMG did I just invent a new word? Naw - a quick Google finds 594
hits for "spinee", the first was "Laboratoires Spinée SA " and the third was
"From spinee to spiner..." Oh well...

My point being that in the financial and legal world the terms "divestiure",
"spin-out" and "spin-off" don't necessarly mean the same thing.

Quote:
For the world at large, the only perception that got through so far is
that it's a selloff, a perception encouraged by the wording of the
official press releases, where it's all about "seeking a buyer"...

Such as this latest one dated May 3, 2006.
"Update on the Developer Tools Group Divestiture: Borland announced on
February 8, 2006 the intention to divest its Integrated Developer
Environment (IDE) product lines. Nigel Brown, previously vice president of
Borland EMEA, has been appointed general manager of Borland's internally
formed Developer Tools Group. This group now consists of approximately 180
Borland employees, with sales, marketing and product teams working
independently within the Company. The divesture process is proceeding
according to schedule and attracting a strong number of qualified bidders.
Borland is working to have a buyer identified within the next several
months."
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I.P. Nichols
Guest





PostPosted: Wed May 10, 2006 12:14 pm    Post subject: Re: Delphi Gamer article on Devco moving forward Reply with quote

"Eric Grange" wrote:
Quote:
Now there's a surprise. Wink

Me thinks that most likely his is a faux susprise...

Quote:
This isn't a surprise only for those who come to these newsgroups or
visit Allen's blog.

From the very first day he has always refered to the "divesiture" as a
"spin-out/off".
Feb 7: "Just to clarify, the spin-off of the IDE/Tools business is *not*
being driven by Mr. Coates".
Feb 8: " BTW, you'll notice that I'll never use the term "divestiture" or
"divest." Those are ugly and cold. I prefer "spin-out" or "spin-off."
They sound, at least to me, to be much more positive."

At this point I'm beginning to wonder just who is the spiner and who is the
spinee. OMG did I just invent a new word? Naw - a quick Google finds 594
hits for "spinee", the first was "Laboratoires Spinée SA " and the third was
"From spinee to spiner..." Oh well...

My point being that in the financial and legal world the terms "divestiure",
"spin-out" and "spin-off" don't necessarly mean the same thing.

Quote:
For the world at large, the only perception that got through so far is
that it's a selloff, a perception encouraged by the wording of the
official press releases, where it's all about "seeking a buyer"...

Such as this latest one dated May 3, 2006.
"Update on the Developer Tools Group Divestiture: Borland announced on
February 8, 2006 the intention to divest its Integrated Developer
Environment (IDE) product lines. Nigel Brown, previously vice president of
Borland EMEA, has been appointed general manager of Borland's internally
formed Developer Tools Group. This group now consists of approximately 180
Borland employees, with sales, marketing and product teams working
independently within the Company. The divesture process is proceeding
according to schedule and attracting a strong number of qualified bidders.
Borland is working to have a buyer identified within the next several
months."


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Guest






PostPosted: Wed May 10, 2006 1:15 pm    Post subject: Re: Delphi Gamer article on Devco moving forward Reply with quote

Dave Jewell wrote:

Quote:
That was my understanding as well. I have wondered where all the news
about "buyer companies" comes from.

From Borland. Intersimone's original blog is still there if you care to
read it:

He mentions finding a buyer for the company at least three times. He
mentions looking for venture capital precisely zero times.

There you go, quoting facts again :-)

Breaking out Delphi as a separate product is a good thing. I've looked
forward to a divorce between Borland and Delphi for some time. It could
be an excellent thing based on who acquires it.

I can't say I'm enamoured of a management buy-out though especially if
the hairy corn flake (UK readers will understand the reference) has an
executive role.

I await developments with interest!

--
Derek Davidson
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Tim Anderson
Guest





PostPosted: Thu May 11, 2006 8:15 am    Post subject: Re: Delphi Gamer article on Devco moving forward Reply with quote

"Craig" <craigvn (AT) gmail (DOT) com> wrote in message
news:44611ab1 (AT) newsgroups (DOT) borland.com...

Quote:
"NewDevCo are not looking to be bought, but are looking for venture
capitalists to invest in the new company. So it is essentially a
spinoff from Borland not a selloff and they don't want to be bought by
another company. They want to become their own company that is
developer focused."

This has been said from day 1. I don't think it is anything new.

Not exactly. When I was briefed early on (after the announcement) it was
made clear to me that all scenarios were possible - say, for an existing
software vendor to acquire the business, or for a split with Java tools
going one way and Windows another.

Having said that, it's been clear for a long time that a new company with
investment backing is Borland's preference; and it appears that this is now
the only active option.

I guess it is hard for Borland to make definitive statements because of
legal obligations.

Tim
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John Kaster (Borland)
Guest





PostPosted: Fri May 19, 2006 11:14 pm    Post subject: Re: Delphi Gamer article on Devco moving forward Reply with quote

Dave Jewell wrote:

Quote:
He mentions finding a buyer for the company at least three times.

Thanks for poring over his blog post in such detail.

Quote:
He mentions looking for venture capital precisely zero times.

Nor does he mention lots of other ways to purchase something. He does
talk about it being a separate company.

Sorry, but I'm really not sure what you're trying to say. Could you be
more explicit?

--
John Kaster http://blogs.borland.com/johnk
Features and bugs: http://qc.borland.com
Get source: http://cc.borland.com
If it's not here, it's not happening: http://ec.borland.com
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