VMware sells WaveMaker Java tool
About two years after taking over WaveMaker, a company that develops Java tools, VMware has now sold the trademark and the technologies behind it to India-based Enterprise Java firm Pramati for an undisclosed sum. WaveMaker is a development tool that automates many programming steps; it is designed to provide even non-expert developers with a quick way of creating web applications.
When, at the end of last year, VMware's parent company EMC announced the foundation of the Pivotal Initiative, a venture that includes VMware's Greenplum, SpringSource, Cloud Foundry and Pivotal Labs divisions, no mention of WaveMaker was made. Pramati has said that it intends to use the acquisition to grow and enhance the support of Java standards in cloud computing.