Rogue Wave buying open source software provider OpenLogic

Summary:Rogue Wave plans to use OpenLogic's portfolio to roll out solutions intended to help developers search and write better open source codes faster.

Rogue Wave Software, an independent provider of cross-platform software development, is beefing up its open source knowledge and power with the acquisition of OpenLogic.

OpenLogic comes with its cloud-based Software-as-a-Service products designed to enable developers to provision thousands of open source packages, set governance policies for the use of open source software, and scan their applications for open source code.

Thus, with the combination their resources, Rogue Wave plans to use OpenLogic's portfolio to roll out solutions intended to help developers search and write better open source codes faster.

Rogue Wave CEO Brian Pierce noted in the announcement that that the integration will also provide a better base for the "application development process by enabling developers to complement their own custom code with leading commercial and open source tools and components."

Although OpenLogic already does have an enterprise customer base, the company's CEO Steven Grandchamp, posited in prepared remarks that this merger will extend the reach for OpenLogic customers -- meaning developers -- especially as open source software increases in popularity.

Financial terms of the deal have not been disclosed.

Topics: Open Source, Cloud, Enterprise 2.0, Start-Ups, Tech Industry

About

Rachel King is a staff writer for CBS Interactive based in San Francisco, covering business and enterprise technology for ZDNet, CNET and SmartPlanet. She has previously worked for The Business Insider, FastCompany.com, CNN's San Francisco bureau and the U.S. Department of State. Rachel has also written for MainStreet.com, Irish Americ... Full Bio

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