You've probably seen the Borland announcement floating about on the web, David I announcement on BDN, and many, many others. I particularly suggest you read Allen Bauer's Fly! Be Free! and other Borland employees on blogs.borland.com, whose mood seeems very positive, indeed.
The new company will have IDEs (JBuilder, Delphi, C++Builder...) and databases (InterBase, JDataStore and nDataStore), plus Kylix and the old Turbo languages... Many people are somewhat under shock, but the mood is mostly positive. In recent years Delphi was slowed by Borland, not pushed by it. It might really be a turning point for Delphi. A very positive one!
We'll see... for now, I'm listening to the R&D chat about the announcement. I'll post again later or tomorrow.