Misc - Borland announces plans to sell JBuilder

Borland Software Corporation (NASDAQ NM: BORL), today announced aggressive plans to drive its Application Lifecycle Management (ALM) business forward. As part of that plan, Borland has agreed to buy Segue Software Inc. (NASDAQ CM: SEGU), the Massachusetts-based provider of global software quality and testing solutions. In addition, Borland announced plans to seek a buyer for the portion of its business associated with the Integrated Development Environment (IDE), including the award-winning Borland Developer Studio (Delphi®, C++Builder® and C#Builder®) and JBuilder® product lines.
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