Microsoft acquires ZeroTurnaround for undisclosed amountApril 1st, 2009 | by Toomas Römer | |
ZeroTurnaround Ltd., a developer of Java development productivity tools, announced today that it has been acquired by Microsoft Corp. Financial terms weren’t disclosed. ZeroTurnaround will stop any further developments of JavaRebel and JSPWeaver and will buy back all the licenses sold so far.
“The deal fits with Microsoft’s strategy of migrating Java developers to the .NET platform and will increase the conversion rate greatly” said Alain Crozier, Corporate Vice President and CFO, from Sales, Marketing and Services Group of Microsoft Corp. “We saw ZeroTurnaround as a threat to our .NET development platform, enabling Java developers to be as productive as the developers on modern platforms. We had to put a stop to it.”
Rumours say that this can severly affect the IBM and SUN deal and will send Java development back as far as the Stone Age.