Business Services Industry
Q4 2005 Borland Software Corporation Earnings Conference Call and Aquisition of Segue Software - Research and Markets Offers a Brief of 'Borland Software Corporation' Conference Call
Business Wire, Feb 8, 2006
DUBLIN, Ireland -- The Borland Software Corporation (NASDAQ:BORL) Corporate Conference Call took place on 8-Feb-06 11:00am PT. E[acute accent]For 4Q05, BORL delivered revenue performance that was at the high-end of the guidance provided in 3Q05. EPS performance for 4Q05 was below expectations. Under the terms of the agreement to acquire Segue Software, BORL expects to pay $8.67 per share in cash for all of their outstanding shares, resulting in transaction of approx. $100m net of cash acquired. Expect the transaction to close in 2Q06. For 1Q06, BORL is planning for revenue of $65-67m. E[acute accent]More information on this Conference Call can be obtained from Research and Markets at http://www.researchandmarkets.com/transcripts/79583
E[acute accent]This document provides a non-biased summary of the conference call detailing the key points and the full Q&A session.
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