This happened sometime ago but I was not aware until today. Codegear is the company that owns the famous Delphi programming IDE as well as the once popular Turbo suite of development tools under Borland. When open source IDEs such as Eclipse and Netbeans started eating into Borland’s JBuilder’s market share, they realize IDEs are becoming commodities and started focus on value added businesses such as Application Lifecycle Management. Then they spin off all developer tools (incl Delphi, CBuilder and JBuilder) to a subsidary named CodeGear with the intention of selling it. As of 1st July 2008, database tools vendor Embarcadero bought over CodeGear, and this closed another chapter of Borland which the father of C#, Anders Hejlbergs once worked there to create the tools we known as IDE today and fathered Turbo Pascal and Delphi.
