Alleging Microsoft is luring its employees away to seek unfair advantages, Borland sued the Redmond, Washington computer giant on Wednesday. The suit claims that Microsoft has stolen 34 of Borland's engineers in the last two and a half years and that the company did this purposefully to prevent Borland from competing. Borland's financial problems are almost legendary: despite the clear superiority of its tools over similar offerings from Microsoft, Borland has been hemorrhaging cash for the past two years. In the most recent quarter, Borland lost $42.5 million. Sales fell to $37 million from $70 million in the same quarter a year ago.
"Borland is in the middle of major turnaround that will return our company to financial health and rapid business growth," said Borland CEO, Delbert Yocam. "We must protect ourselves from what we believe is a systematic and unfair effort to impair our company's ability to compete and continue to deliver leading development tools that support open industry standards."
Even if the courts rule in Borland's favor, it may be too late. Hopefully, something good will come out of this