News Feed
Jobs Feed
Sections



Recent Jobs

News Archive
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




Community Events





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


test conference series security extension opinion podcast community application development interview language introduction release api framework custom phpunit symfony2 unittest

All content copyright, 2012 PHPDeveloper.org :: info@phpdeveloper.org - Powered by the Solar PHP Framework