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| VIEW EVENT INFORMATION: IBM |
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Scoop: Job Cuts At PHP Startup Zend Could Be Aimed With An Eye Towards A Sale |
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About the organization IBM:
Type: Business
Sub-Types: Computer, Computer Software, Computer Hardware, Website |
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Notable Organizations: IBM, Techcrunch
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| Israeli startup Zend Technologies has fired 25 percent of its R&D team (at least ten people), as well as others across the company, in an attempt to become cash flow positive, says a source close to the company. Zend offers its own distribution of PHP, the popular open-source scripting language for Web applications. It sells software and support services around that (just as Red Hat does… |
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