VMware announced it has officially completed its acquisition of SpringSource, the enterprise and Web application development and management vendor. The deal was originally announced back on Aug. 10 for a total cost of $420 million. The acquisition news coming out of VMware happened pretty quickly, and the closing process seemed to speed by just as fast.
Now that the acquisition is final, SpringSource will become a division of VMware, and CEO and founder Rod Johnson will serve as its general manager. VMware said the "division's charter will be to continue its focus on providing developers and customers the best experience for developing enterprise and web applications on all platforms, with an additional focus on helping VMware create integrated products that deliver a simplified 'build, run and manage' experience based on both SpringSource technologies and VMware vSphere. These new products will extend VMware's strategy to deliver Platform as a Service (PaaS) solutions that can be hosted at customer datacenters or at service providers."
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