As mentioned by Ivo Jansch, Andi Gutmans (of Zend) responded to the recent speculation about a buyout of the company in his keynote address at this year's php|tek conference:

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.

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.

Richard Davey has brought his PHP-centered comic, "PHP Life", back to life with this new strip about the Zend/Oracle rumors.

After a short break the PHP Life team are back. In this strip we look at the Zend/Oracle deal. If Oracle do buy-out Zend then let's hope things fare better for the Zend staff than Oracle staff at the moment!

You can see it here (on his blog), or on the PHP Life site...

Christian Wenz has posted this new item on his blog today with a report relating to the Oracle/Zend rumors that have been floating around.

Well, the rumors (that also made it into blogosphere, including Toby's post) obviously could not be ignored by Zend any longer. Therefore, the German division of Zend just sent out an email to a couple of people officially stating that Zend is currently not negotiating a sale to Oracle.

I suppose only time will tell on the deal, but it seems for now that the sale is not going to happen (and that there never was a sale in talks at all).