Borland is still in business, although with another name, Embarcadero.
What happened was that decided indies weren't any longer their target demographic and they wanted to be enterprise and focus on product and process lifecycle management (PPLM) tooling instead.
So Delphi and C++ Builder got priced accordingly and they renamed themselves to Inprise.
After 20 years they are trying to get back the indies with community editions, but the damage is already done, and 100% of their customers are enterprise shops.
So unless you are working for a Fortune 500, you will hardly come in touch with Delphi / C++ Builder nowadays.