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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