Borland Software announced this week that it will be relocating its corporate headquarters to Austin, Texas.
Cupertino, Calif. – Apr 16, 2007 : Borland Software Corporation (NASDAQ: BORL, www.borland.com), the global leader in Open Application Lifecycle Management (ALM), today announced that it will relocate its corporate headquarters from Cupertino, California to Austin, Texas. The company plans to expand its existing Austin R&D center with the relocation of the finance, human resources, facilities, IT and sales operations functions. As part of this announcement, Tod Nielsen, President and CEO, Erik Prusch, CFO and Jonathan Schoonmaker, SVP of Human Resources will be relocating.
As a former Borland employee, I’ve continued to follow this once legendary software company. It’s quite a shame to see one of the first silicon valley software companies move its headquarters elsewhere. The company continues to try to position itself for an acquisition with the spin off it development tools group as Codegear. There was even a time in which I thought Borland was making moves to be like Mercury Interactive. I think they even had a similar slogan to Business Technology Optimization (BTO) that Mercury popularized and HP Software took over.
Oh well. At least there is plenty of room in Texas for them.