History
In April 2000 Embarcadero Technologies was listed on NASDAQ. In November the same year, the company acquired GDPro, a UML design solution provider. In October 2005 Embarcadero acquired data security business Ambeo. In June 2007, Thoma Cressey Bravo bought Embarcadero, and it became a private company. 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. The acquisition closed on 30 June 2008 for approximately $24.5 million. In 2011, the company launched AppWave, an enterprise app store for PCs. The platform supports Embarcadero software, popular commercial titles and free and open source apps.
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“The one duty we owe to history is to rewrite it.”
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