Feeds

Borland bails out of California, moves HQ to Austin, TX

Texas hold 'em

The essential guide to IT transformation

Borland Software is moving its management and operations team out of Silicon Valley and into Austin, Texas.

The company, which re-located to its current Cupertino HQ from across the Valley just a few years back, is shifting up 200 of its 1,168 staff to Austin, Texas, by the end of this year. Those waving adios to CA are back-office staff along with its chief executive, chief financial officer and senior vice president of human resources.

The move expands Borland's existing 35-person strong Austin R&D facility.

A spokesperson told The Register that Borland's CodeGear tools subsidiary, comprising some 300 people, would remain at Borland's Scotts Valley location.

In a statement chief executive Tod Nielsen said Austin provided a "cost-effective environment" and local skills to "execute on our plan to profitability." He had committed Borland, which lost $51m on $304m revenue in 2006, to profitability during the year's closing quarter.

An upbeat Nielsen said: "In Silicon Valley, we are a small fish in a big pond. In Austin we can be a leading software brand that can attract great talent."

While Borland has suffered, er, execution "issues", the company joins many other California-based companies fleeing the state, shortage of skilled labor and incentives from rival states. Twenty-five companies have moved to Austin during the last seven years.®

The essential guide to IT transformation

More from The Register

next story
BBC: We're going to slip CODING into kids' TV
Pureed-carrot-in-ice cream C++ surprise
China: You, Microsoft. Office-Windows 'compatibility'. You have 20 days to explain
Told to cough up more details as antitrust probe goes deeper
Linux turns 23 and Linus Torvalds celebrates as only he can
No, not with swearing, but by controlling the release cycle
Scratched PC-dispatch patch patched, hatched in batch rematch
Windows security update fixed after triggering blue screens (and screams) of death
This is how I set about making a fortune with my own startup
Would you leave your well-paid job to chase your dream?
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.