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VMware buys SpringSource for $420 million

Posted on Tuesday, August 11 2009 @ 14:34:28 CEST by


VMware announced it will acquire software vendor SpringSource in a deal valued at around $420 million. The companies plan to deliver new solutions for cloud architectures.
VMware said SpringSource is the driving force behind some of the most popular and fastest growing open source developer communities, application frameworks, runtimes, and management tools. VMware said it plans to continue to support the principles that have made SpringSource solutions popular—the interoperability of SpringSource software with a wide variety of middleware software, and the open source model that is important to the developer community.
Source: EE Times


 



 

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