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

Boston PHP User Group: Chris Shiflett Presents on the Zend Framework

Rob Richards' Blog: PHP, Oracle and SELinux

Christopher Jones\' Blog: How to Use IIS, PHP and Oracle

Ivo Jansch's Blog: PHP on IBM's System-i

Zend Developer Zone: Upcoming Zend Webinars


Community Events





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


community composer language symfony artisanfiles podcast framework voicesoftheelephpant laravel version security release opinion series library introduction interview conference list tool

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