Ex VMware cloud exec to launch OpenStack-flavored Cloud Foundry PaaS

NOTE TO READERS: This post has been updated since it first posted Wednesday morning.
There's another open source Cloud Foundry Platform-As-A-Service in the works with an OpenStack flavor, sources say.
Derek Collison, former CTO and Chief Software Architect of VMware's Cloud Applications Platforms, and lead developer of Cloud Foundry, plans to launch his own commercial version of Cloud Foundry.
"He's doing a commercial version of Cloud Foundry outside of VMware," said one source in the know, adding that it will have a strong OpenStack flavor. "It's just at the tipping point of OpenStack."
Sources is the know say the former Google exec -- who was employed by VMware from 2009 through February of 2012 -- is expected to come out with something in the next six months.
"Can't say too much too much yet, but will be able to soon," Collison said in an email to this blogger.
It's not clear if Collison will have much to say about the commercial venture at the OpenStack Conference next week. The "Essex" release of OpenStack was released today.
Cloud Foundry is an Open Platform-As-A-Service project initiated by VMware last year. It is an open source project and is available through a variety of private cloud distributions and public cloud instances, including CloudFoundry.com, according to the Cloud Foundry web site.