SpringSource Acquires Covalent Technologies
SpringSource has acquired enterprise open source specialist Covalent Technologies. Covalent, based in Walnut Creek, California, is a provider of support and services for Apache Software Foundation (ASF) open source projects. Covalent's large customer base of over 400 organizations includes more than 50 percent of the Fortune 500 and 20 percent of the Global 2000. The Spring Portfolio of applications has been downloaded more than four million times and is the dominant platform for enterprise Java applications. With the addition of Covalent, SpringSource will offer a single source for products and services to rapidly develop, test, deploy and run enterprise applications using the Spring Portfolio and ASF projects, including Apache Tomcat, Apache HTTP, and others. According to BZ Research, the Apache Tomcat application server is used at 64 percent of corporate enterprises worldwide.
Covalent CEO Mark Brewer joins the SpringSource management team as vice president and general manager of SpringSource's new Covalent business unit. The financial details of the transaction are not being disclosed by either company.
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