RealTime IT News

Borland Steps up Acquisition Spree

Scotts Valley, Calif.-based Borland Software on Tuesday made another move on the acquisition front, shelling out $185 million in cash and stock to purchase TogetherSoft Corp.

Just two weeks after gobbling up Starbase and the assets of Sweden-based BoldSoft, Borland said the TogetherSoft acquisition would expand its JBUilder suite and Together's ControlCenter products, which is aimed at developers looking to debug complex applications.

TogetherSoft's flagship ControlCenter platform supports Java, C++, IDL, Visual Basic 6, Visual Basic .NET, and C# within a single product and with Borland jockeying for position in the application server market share race, industry watchers view the deal making strategy as the logical step for the software development firm.

With the deal, which combines $82.5 million in cash and issuing of 9.05 million shares, Borland also gets the low-end Together Solo product set, which targets solo developers and small businesses. Together Solo includes the basic features of Together ControlCenter (UML diagram editor, programming editor, GoF and other patterns, and simultaneous round-trip engineering for Java, C++, C#, VB 6, VB .NET, and IDL) but does not offer ContolCenter's advanced features.

On a conference call Tuesday, Borland CEO Dale Fuller said the company would continue investing in both Borland JBuilder and ControlCenter products and beef up support for TogetherSoft's strategy of offering design and analysis solutions that work with IDEs. Over the next 12 months, the plan is to take the product lines from the two companies and create a "common and shared underlying technology platform," he said.

Borland also assumes about 390 employees from Raleigh, North Carolina-based TogetherSoft and more than 4,000 customers worldwide. Borland said TogetherSoft generated approximately $51 million in revenues over the last four quarters and the deal gives it a firm footing in the American and Europe.

News of Borland's shopping spree comes amidst reports that the company's Kylix cross-platform development product would push Web Services capabilities to the Linux platform. According to published reports, Borland plans to use Ximian Inc's Project Mono in Kylix, creating the potential for Microsoft Windows developers to move .NET applications to Linux.

Mono is an open-source implementation of Microsoft's .NET libraries and other technologies. Kylix allows Delphi and C++ programmers to compile code to either Windows or Linux.

Borland also released a new version its InterBase embedded database. Updated features include multiprocessor support and connection monitoring.