The recently sign-posted potential acquisition of Embarcadero by Idera has now been officially confirmed by a press release from Idera, as reported by The Register.
What is starkly apparent in the press release is the extent to which neither the Idera nor the Embarcadero commentary make any reference to development tools. In fact, in the press release as a whole the fact that development tools were involved receives only a brief mention by way of introducing Embarcadero.
Otherwise, the focus is very much on the database tools; Even to the extent of what appears to be an attempt at some pseudo-SQL in the title of the press release itself!
The Idera quotes do make reference to an expansion into “application performance“, rather than “application development” which may be a reference to the AppAnalytics technology, which would be a good fit alongside their database performance monitoring tools. The portfolio of Embarcadero’s database products are also more tilted toward heterogenous database change and development versus Idera’s existing range of SQL Server centric performance monitoring and management. So again, what may be considered a natural and complimentary fit.
Whither the Development Tools
Some have expressed a view that the fact that Embarcadero were considered a target for acquisition is in some way a positive indication of the value of Delphi. Unfortunately I don’t see that this necessarily follows at all.
A purchaser with a strong interest in the much larger and more valuable database tools business may very well simply have been obliged to take the development tools as part of the “job lot” since if that development tools business is not viable on its own then the vendor would be unlikely to agree to retaining it or attempting to trying to find another purchaser to take it off their hands.
We simply don’t know the terms of the transaction or how the development tools were valued and based on the press release (which so far is all we have to go on) it has to be said that where they lie in the landscape and what the future holds for them remains, at best, somewhat unclear at this stage. imho.