[DUG] Borland breakup demanded

[Richard Vowles]

And I will say again - Coates is a vocal shareholder - he has been
trying to get rid of Dale for years and years in all sorts of creative
ways. I suspect now that Dale has gone, he has to come up with something
else he wants.

Richard
PS not as a Borland employee of course, just as a casual observer of
Robert Coates.

-----Original Message-----
From: delphi-bounces at ns3.123.co.nz [mailto:delphi-bounces at ns3.123.co.nz]
On Behalf Of Paul A Norman
Sent: Saturday, 23 July 2005 1:35 p.m.
To: NZ Borland Developers Group - Delphi List
Subject: [DUG] Borland breakup demanded

Posted this to Off Topic, but felt it belonged here:

Any one in Borland Australasia up with the play with the following yet?

From:  http://uk.builder.com/0,39026540,39257625,00.htm
Borland breakup demanded
Martin LaMonica, 20 July 2005
CNET News.com

A former Borland board member wants the company split along development
tool lines and is developing a plan to make it happen Robert Coates, a
shareholder and former board member of Borland, has said that he will
submit a plan to spin off some product lines in order to "restore
Borland's market value". In a statement issued on Wednesday, Coates said
he is developing a plan to break off Borland's different development
tool product units as separate companies to better serve customers.
"This will also allow Borland to deliver dependable and sustainable
growth in revenues and earnings from a core set of products," Coates
said in the statement.

Once a large player in the development tools business, Borland is facing
increasing competition from open source alternatives and larger
companies, notably IBM and Microsoft. The company's chief executive,
Dale Fuller, resigned earlier this month when Borland said its
second-quarter loss would be larger than expected. The forthcoming plan
by Coates is one of several actions he has taken. In May, he issued a
statement calling on shareholders to play a more active role in shaking
up Borland's management. And in late 2003, he submitted a proxy
resolution to have Borland board members elected annually by
shareholders.

_______________________________________________
Delphi mailing list
Delphi at ns3.123.co.nz
http://ns3.123.co.nz/mailman/listinfo/delphi