Just a quick little note about the DevCo spin-off. Borland is still in a "quiet period" before any announcements regarding a buyer can be made. However, in lieu of that, and since we just finished Q2 the business functioning and moving ahead. The good thing is that as more time passes, the Developer Tools Group (aka. DevCo) is operating more and more as an independent entity. Only not as independent as if we’re a separate company since our revenue is on Borland’s P&L statements. We are still responsible to Borland. For instance, we just held the first Developer Tools Group operations meeting with Tod Nielsen this morning. This was a chance to have all the heads of the different regions (Americas, EMEA, APAC) present their recap of Q2 results and present their plan and forecasts for Q3 (NO, I can’t tell you that information… The SEC really frowns on doing that kind of thing ;-). I must say it was abundantly clear that all the region managers are excited and pumped up about the spin-off. Some of you may know of or have met some of these folks, most notably Jason Vokes and Malcolm Groves. I always look forward to them coming into town and hearing all the great stories about how things are out in the field. This time was no exception.
Next week we’ll be spending several days in intense on/off-site meetings among the whole extended DevCo leadership team. This will be the first time we’ve all gotten together to really lay down our own plans and to map out our own destiny. One key element that we’re going to be covering is getting down to the finer details of executing a, get this, Marketing Plan! Yes, folks there’s some cool things surrounding some of the products that are coming. The product road maps are published and we’re proceeding full speed ahead and executing on them.
While we’re being very quiet about the spin-off status, rest assured that we’re making, and will be making, plenty of noise in other areas.Posted by Allen Bauer on July 7th, 2006 under Uncategorized |