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On May 7, 2008 [[Borland|Borland Software Corporation]] announced its software development tools division, [[CodeGear]], was to be sold to Embarcadero Technologies for an expected $23 million price and $7 million in CodeGear accounts receivables retained by Borland.<ref>{{cite web |url=https://www.silicontap.com/embarcadero_technologies_buys_codegear/s-0015183.html |title=Embarcadero Technologies Buys CodeGear |date=May 7, 2008 |website=SiliconTap.com |access-date=January 21, 2019}}</ref> The acquisition closed on June 30, 2008, for approximately $24.5 million.<ref>{{cite web |url=http://www.embarcadero.com/news/press_releases/acquisition_codegear.html |title=Embarcadero Technologies Closes Acquisition of CodeGear |date=July 1, 2008 |url-status=dead |archive-url=https://web.archive.org/web/20090201014139/http://www.embarcadero.com/news/press_releases/acquisition_codegear.html |archive-date=February 1, 2009 |access-date=January 21, 2019}}</ref>

On May 7, 2008 [[Borland|Borland Software Corporation]] announced its software development tools division, [[CodeGear]], was to be sold to Embarcadero Technologies for an expected $23 million price and $7 million in CodeGear accounts receivables retained by Borland.<ref>{{cite web |url=https://www.silicontap.com/embarcadero_technologies_buys_codegear/s-0015183.html |title=Embarcadero Technologies Buys CodeGear |date=May 7, 2008 |website=SiliconTap.com |access-date=January 21, 2019}}</ref> The acquisition closed on June 30, 2008, for approximately $24.5 million.<ref>{{cite web |url=http://www.embarcadero.com/news/press_releases/acquisition_codegear.html |title=Embarcadero Technologies Closes Acquisition of CodeGear |date=July 1, 2008 |url-status=dead |archive-url=https://web.archive.org/web/20090201014139/http://www.embarcadero.com/news/press_releases/acquisition_codegear.html |archive-date=February 1, 2009 |access-date=January 21, 2019}}</ref>



In December 2011, Embarcadero announced AppWave, an enterprise app store for PCs running [[Microsoft Windows]] instead of mobile phones. The platform supports Embarcadero software, commercial titles, and free and open source apps.<ref>{{cite news |first=Dana |last=Gardner |title=Embarcadero brings self-service app store model to enterprises to target PCs and their universe of software |publisher=ZDNet |date=December 7, 2011 |url=https://www.zdnet.com/article/embarcadero-brings-self-service-app-store-model-to-enterprises-to-target-pcs-and-their-universe-of-software/ |access-date=January 21, 2019}}</ref> In April 2012 the platform was moved to a web site called AppWave Store.<ref>{{cite news |title=Microsoft App Store Competes With Microsoft |first=Michael |last=del Castillo |work=Upstart Business Journal |date=April 24, 2012 |url=http://upstart.bizjournals.com/news/technology/2012/04/24/the-appwave-store-claims-to-better-serve-users.html |url-status=dead |archive-url=https://web.archive.org/web/20131022154344/http://upstart.bizjournals.com/news/technology/2012/04/24/the-appwave-store-claims-to-better-serve-users.html |archive-date=October 22, 2013 |access-date=January 21, 2019}}</ref>

In December 2011, Embarcadero announced AppWave, an enterprise app store for PCs running [[Microsoft Windows]] instead of mobile phones. The platform supports Embarcadero software, commercial titles, and free and open source apps.<ref>{{cite news |first=Dana |last=Gardner |title=Embarcadero brings self-service app store model to enterprises to target PCs and their universe of software |publisher=ZDNet |date=December 7, 2011 |url=https://www.zdnet.com/article/embarcadero-brings-self-service-app-store-model-to-enterprises-to-target-pcs-and-their-universe-of-software/ |access-date=January 21, 2019}}</ref> In April 2012 it was moved to a web site called AppWave Store.<ref>{{cite news |title=Microsoft App Store Competes With Microsoft |first=Michael |last=del Castillo |work=Upstart Business Journal |date=April 24, 2012 |url=http://upstart.bizjournals.com/news/technology/2012/04/24/the-appwave-store-claims-to-better-serve-users.html |url-status=dead |archive-url=https://web.archive.org/web/20131022154344/http://upstart.bizjournals.com/news/technology/2012/04/24/the-appwave-store-claims-to-better-serve-users.html |archive-date=October 22, 2013 |access-date=January 21, 2019}}</ref>



The corporate headquarters is located in [[Austin, Texas|Austin]], [[Texas]], with an international office located in [[Brazil]].<ref>{{cite web |url=https://www.embarcadero.com/company/contact-us |title=Contact Us |access-date=January 21, 2019}}</ref> {{As of|2012}} the company had an annual revenue of $100 million, and around 500 employees on its payroll{{citation needed|date=March 2021}}.

The corporate headquarters is located in [[Austin, Texas|Austin]], [[Texas]], with an international office located in [[Brazil]].<ref>{{cite web |url=https://www.embarcadero.com/company/contact-us |title=Contact Us |access-date=January 21, 2019}}</ref> {{As of|2012}} the company had an annual revenue of $100 million, and around 500 employees on its payroll{{citation needed|date=March 2021}}.

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