Feeds

Borland cuts hit overseas ops

Losses narrow

3 Big data security analytics techniques

Borland Software has provided greater detail on where it expects the majority of its recently announced job cuts to fall, while announcing preliminary results for its first quarter.

The tools company, trying to re-position itself purely as a provider of application lifecycle management (ALM) software, said most of the 300 jobs cuts announced last week would be felt outside the US, in the 29 other countries in which it operates.

Chief executive Todd Nielsen told Wall Street analysts Borland is unable to afford the direct sales model required to push ALM under its current structure, and Borland would instead rely on a mix of channel and partners. He claimed Borland already has partnerships in place so the cuts, executed over the next few months, won't impact revenue.

Borland's chief executive said the cuts and a restructuring would result in a "focused, tight and efficient company targeting the enterprise." Executives will meet next month to assess opportunities in new markets and vertical sectors.

Also going, although it's not clear when, will be some 180 employees from Borland's 20-year-old tools business, which Borland said earlier this year it hoped to spin out. Borland claimed the spin out was "progressing quite well" having received a large amount of initial interest with a "number" of parties are engaged in due diligence.

Meanwhile, Nielsen announced revenue for the company's quarter to March 31 in excess of $69m and a reduced loss compared to the fourth quarter of fiscal 2005. He recommitted Borland to hit profitability during the fourth quarter of 2006.®

SANS - Survey on application security programs

More from The Register

next story
This time it's 'Personal': new Office 365 sub covers just two devices
Redmond also brings Office into Google's back yard
Batten down the hatches, Ubuntu 14.04 LTS due in TWO DAYS
Admins dab straining server brows in advance of Trusty Tahr's long-term support landing
Microsoft lobs pre-release Windows Phone 8.1 at devs who dare
App makers can load it before anyone else, but if they do they're stuck with it
Half of Twitter's 'active users' are SILENT STALKERS
Nearly 50% have NEVER tweeted a word
Internet-of-stuff startup dumps NoSQL for ... SQL?
NoSQL taste great at first but lacks proper nutrients, says startup cloud whiz
Windows 8.1, which you probably haven't upgraded to yet, ALREADY OBSOLETE
Pre-Update versions of new Windows version will no longer support patches
Microsoft TIER SMEAR changes app prices whether devs ask or not
Some go up, some go down, Redmond goes silent
Red Hat to ship RHEL 7 release candidate with a taste of container tech
Grab 'near-final' version of next Enterprise Linux next week
Ditch the sync, paddle in the Streem: Upstart offers syncless sharing
Upload, delete and carry on sharing afterwards?
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.