>The thing that strikes me is that there seems no statement on if/who bought the discontinued products.

There might be a potential buyer, but if there is or isn't they are not saying. You can get some good insight on things from blog posts by Borland employees today at http://blogs.borland.com/. They talk about a spin-off, but it is really a sell-off since they are looking for a new owner to buy the tools division and evolve it. Usually a spin-off is a company creating a sub company or their own new company using their own money and resources. You can see that the employees at Borland are hoping for the best (a good owner/buyer).

Some companies may want to buy their IP (technology), some may want to buy their developers and designers, and then a company may want some but not all of their tools product line. I hope things work out well for the employees and the users of their tools. It is an interesting situation for Borland, to want to sell the product line for as much as they get while also caring about what the buyer (new owner) does with the tools in the way of evolving them. The company that might be best for taking over the tools might not be offering the highest amount, for example.