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

Richard Davey\'s Blog: PHP Life - The Oracle

ThinkPHP Blog: Performance boost for ZendStudio Windows

Zend Developer Zone: Zend Studio 5.5 Walkthrough

Zend Developer Zone: The ZendCon Sessions Ep 14: Performance Tuning for PHP with Oracle Database

Application Development Trends: New LAMP Layer: FileMaker API for PHP?


Community Events











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


podcast example language install composer facebook unittest overview code hack opinion introduction security framework release component application package symfony2 hhvm

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