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    <title>PHPDeveloper.org</title>
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    <description>Up-to-the Minute PHP News, views and community</description>
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    <pubDate>Fri, 21 Nov 2008 23:05:12 -0600</pubDate>
    <ttl>30</ttl>
    <item>
      <title><![CDATA[Community News: Andi Gutmans Responds to Zend Acquisition Rumors]]></title>
      <guid>http://www.phpdeveloper.org/news/10238</guid>
      <link>http://www.phpdeveloper.org/news/10238</link>
      <description><![CDATA[<p>
As <a href="http://www.jansch.nl/2008/05/21/andi-gutmans-phptek-response-to-the-layoffs/">mentioned</a> by <i>Ivo Jansch</i>, <i>Andi Gutmans</i> (of <a href="http://www.zend.com">Zend</a>) responded to the <a href="http://www.phpdeveloper.org/news/10217">recent speculation</a> about a buyout of the company in his keynote address at this year's php|tek conference:
</p>
<blockquote>
Andi explained the reason: they want to become cashflow positive, in order to remain independent. The news should be interpreted in a positive way, the future now looks bright, Zend products will not be affected and life goes on. An acquisition of Zend is not happening in the near future.
</blockquote>
<p>
TechCrunch had suggested that the recent large amounts of layoffs could have been in an effort to ready the company for a buy out from one of many proposed major players.
</p>]]></description>
      <pubDate>Wed, 21 May 2008 15:24:56 -0500</pubDate>
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