Zend Lay-offs, Prepare for acquisition

In: PHP| The Webs| Web development

19 May 2008

The breaking news are that Zend has fired 25% employees R&D department (Updated, thanks David for pointing that out), possibly in preparation for acquisition my a major player. Zend employees are major contributers in the PHP open-source project, so this has tangible ramification for all of us PHP developers out there.

Back in 2006 Microsoft signed a major deal with Zend. Could they be interested parties? I have a pipe dream in which Microsoft buys Zend and integrates PHP as a replacement for ASP.NET.

I wish all the best to Zend, I had the pleasure of talking to several of their employees on different occasions and I got the impression they hire very well. Too bad they had give some of those good people up.

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3 Responses to Zend Lay-offs, Prepare for acquisition

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David

May 20th, 2008 at 12:45 pm

Please read carefully before commenting on an item. Zend did not lay off 25% of its employees. According to the tech crunch article, it’s 25% of its R&D team, which is only a part of the company.

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Eran Galperin

May 20th, 2008 at 4:12 pm

You are quite right, I mis-read. Thanks for pointing that out.

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matthijs

May 24th, 2008 at 2:54 am

If Microsoft takes over Zend and gets control of PHP I have to say goodbye to PHP. All my investments for nothing… :(

I get nauseous just thinking about it.

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About this blog

Eran Galperin is an Internet entrepreneur and head of development @ Lionite.

In this Blog he writes about Internet ventures and web development.

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