Cosmin Prund said: > For someone not very familiar with US business / corporate terminology, > what does "wholly-owned subsidiary" stand for? And how might old Borland > influence the newly born CodeGear in its future decisions?
Basically the new company is a little more separated from Borland than it was when it was just a division of the company - now they will need to hire their own secretary, accounts and sales staff etc. At the same time Borland can continue to suck money out of DevCo simply by calling the payments "dividends" instead of "transfers" so that bit will be a little more obvious (assuming they choose to publicise it). The positive side is that Borland might choose to follow through on the original plan - now that DevCo is split off they could pump money and ideas into it and make it a going concern in its own right, while letting the new, separate leadership run CodeGear without having to be primarily concerned with making the ALP business look good. Moz __________________________________________________ Delphi-Talk mailing list -> Delphi-Talk@elists.org http://www.elists.org/mailman/listinfo/delphi-talk
