Embarcadero Technologies, Inc. announced that the $200 million go-private transaction with Thoma Cressey Bravo has been completed. As a private company, Embarcadero will have the resources and flexibility to accelerate the development of its award-winning database management tools resulting in improved responsiveness to customer needs and a revitalized role as a leader in the database management industry.
Embarcadero was founded in 1993 and quickly established itself as a market leader with its cross-platform database management tools. The company went public in April 2000 and celebrated one of the most successful initial public offerings by a software company that year. Today, the company serves more than 12,000 customers internationally, including over 90 of the Fortune 100.
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