VMWare buys SpringSource
VMWare has acquired SpringSource for $420M in a deal which gains it the developers of the Spring framework for Java applications, application server technology, the Groovy and Grails experts from G2One and the Hyperic management tools which SpringSource acquired in May. VMWare intend to use the SpringSource technology to create a fully integrated "Platform as a Service" (PaaS) solution, combining the VMWare virtualisation and management with a complete Java stack, from servers to frameworks and languages, with the Hyperic management tools integrated into the platform as a first class citizen.
The deal makes VMWare a major player in Java's open source landscape and VMWare's CTO Steve Herrod was quick to point out in a blog posting that "our commitment to openness will continue and even grow. And in particular, the Spring framework will continue to be as open and portable as ever". He added that Rod Johnson, SpringSource's CEO "will make the decisions as to where Spring goes and how it remains as open as it is today".
Rod Johnson, also in a blog posting moved to reassure the various communities saying "Community is the lifeblood of open source technologies, and we continue to respect and value the Spring community and all the communities we participate in". He added that "Spring will retain the portability between deployment environments that empowers users" to quash fears that future developments may be tied to VMWare's offerings.
The acquisition, made up of $362M cash and equity and an assumption of $58M of unvested stock and options, has been approved by the stockholders of SpringSource and the deal is expected to be completed in the third quarter of 2009.