alarm:clock

Enterprise Software - Monday, May 4, 2009

SpringSource Acquires Open Source Application Management Company

SpringSource scooped up Hyperic today, thus securing its competitiveness in the enterprise application sector. The deal that finalized late last week has employees at both firms optimistic of what is to come. Hyperic first made news when the firm won its second round of funding back in 2007, then again in 2008 with its release of CloudStatus.com.

Based in San Francisco, the firm holds a client base including Cisco, Microsoft, CNet, and MySQL. Over the past two years the company has aggressively expanded its open source management software, which has been met by rapid adoption among IT developers and IT operations professionals. This recent deal is designed to complete the SpringSource suite of developer products (Spring, Groovy and Grails, and Apache Tomcat), meeting enterprise needs at each stage of an application's life cycle from development to data center management.

It will be interesting to watch this acquisition manifest over the next year or so. Rod Johnson's (CEO of SpringSource) ability to close this deal may make SpringSource more appealing to the formidable shopper Oracle, which has continued its chronic acquisition spree of Java software application firms and enterprise management products.

Hyperic Demo from Daniel Brusilovsky on Vimeo.

By Hanif O'Neil