VMware officially closes Springsource acquisition
VMware today announced that they have officially completed their acquisition of open source Java dev tools vendor Springsource.
The deal was originally announced on August 10th, for a total cost of $420 million.
The close of the deal seems quite rapid to me, but then again Springsource was not a public company. As such, it appears to have been a pretty quick closing process for VMware.
As expected, Springsource's founder Rod Johnson will continue to lead
Springsource as a VMware division. His new title is General Manager.
Springsource itself has been active since August 10th, putting out a major new initiative that should mesh well with what VMware is now doing. On August 19th, Springsource announced a new cloud effort called SpringSource Cloud Foundry, that brings together Java middleware,
management and cloud delivery. The technology is based in part on
SpringSource's quiet acquisition earlier this year of a small,
privately held open source firm called (surprise, surprise) Cloud
Foundry.
At the time of the Cloud Foundry announcement, Springsource execs hinted at SpringSource's future roadmap as a
VMware company, with end-to-end physical, virtual and cloud delivery
options for Java applications.
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