News 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

php|architect: Zend Framework - A Practical Tutorial

Jim Plush\'s Blog: Holy Shit Batman - Sites popping up to decode Zend encoded files!

Zend: Zend Platform Free for PHP Developers

Zend: Webinar - PHP Security Basics (Nov 28th @ 9am PST)

SitePoint PHP Blog: The Underground PHP and Oracle manual


Community Events

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


community language release framework laravel5 podcast development opinion series wordpress interview psr7 library extension conference introduction unittest voicesoftheelephpant api laravel

All content copyright, 2015 PHPDeveloper.org :: info@phpdeveloper.org - Powered by the Solar PHP Framework