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Embarcado $200 million transaction.

Database and Network Journal • August, 2007 • IT News and Products

Embarcadero Technologies, Inc. announced that the $200 million go-private transaction with Thoma Cressey Bravo has been completed. As a private company, Embarcadero will have the resources and flexibility to accelerate the development of its award-winning database management tools resulting in improved responsiveness to customer needs and a revitalized role as a leader in the database management industry. Throughout the second half of this year, Embarcadero will announce major releases of its core database products that will extend the company's cross-platform support and deliver greater functionality. The company will also unveil two new database management products which are built upon progressive open source technologies--Eclipse and XML. www.emarcado.com


COPYRIGHT 2007 A.P. Publications Ltd. Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
NOTE: All illustrations and photos have been removed from this article.


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