August 16, 2010

Google buys the Java technology from Instantiations

Google has acquired Java products, technology, business, and the company’s Eclipse team from Instantiations for an undisclosed amount. Mike Taylor, the CEO of Instantiations, explained in his letter to the customers that he will continue as president and CEO of the new Smalltalk-focused Instantiations.

“In brief, we have entered into an agreement with Google in which they have purchased our highly regarded Java products, technology, and business. Our VA Smalltalk business, products, personnel…and commitment…continue independent and uninterrupted, except that now the new Instantiations (yes, we kept the name) will focus exclusively on Smalltalk!
This may be the most significant news our VA Smalltalk community has experienced since Instantiations and IBM joined forces in 2005--a relationship that remains strong and unchanged as we move forward.”

Indeed, “Our plan is to leverage some of the money we’ve all made in the Google transaction” to keep the Smalltalk business rolling, Taylor said. However, “our Smalltalk business is showing significant revenue growth year-over-year since we got it,” he added. The business has been profitable and self-sustaining, he said. 


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