SpringSource, which announced the acquisition Tuesday, develops a popular open-source tool called Spring Framework designed to help accelerate the development of Java applications for enterprise servers.
With the acquisition, SpringSource is looking to build on Covalent's products and services that target Apache Software Foundation open-source projects, such as the Apache Tomcat Application Server and Apache Geronimo Application Server. Both companies derive revenues from selling support services.
Financial terms of the deal were not disclosed. But it'… Read more