News Feed
Jobs Feed
Sections




News Archive
Looking for more information on how to do PHP the right way? Check out PHP: The Right Way

Community News:
Zend Readying for a Buyout?
May 19, 2008 @ 20:08:13

According to some details over on TechCrunch there's a few rumors being started that Zend ("the PHP company") is looking to sell.

Israeli startup Zend Technologies has fired 25 percent of its R&D team (at least ten people), as well as others across the company, in an attempt to become cash flow positive, says a source close to the company.

The official Zend word is that yes, there have been layoffs but no, they cannot comment on the reasoning behind them. Several big names are being thrown around for possible buyers - Microsoft, IBM and Oracle - who have all shown interest in the past.

0 comments voice your opinion now!
techcrunch buyout zend company microsoft ibm oracle


blog comments powered by Disqus

Similar Posts

Zend Developer Zone: Zend Framework Hidden Gems: Introduction

SitePoint PHP Blog: The next hot PHP app you install might be IBM's

SitePoint PHP Blog: Pretty Blue Screen

Wolfgang Drews\' Blog: PHP Frameworks - to use or not to use?

Alison Holloway's Blog: Updated Underground PHP and Oracle Manual


Community Events











Don't see your event here?
Let us know!


hack application hhvm opinion symfony2 release introduction podcast package facebook language series framework database install unittest security performance component composer

All content copyright, 2014 PHPDeveloper.org :: info@phpdeveloper.org - Powered by the Solar PHP Framework