"IBM today announced it is donating $40 million of
software to a new independent open-source community. The Java-based
open source software, code-named Eclipse, will enable developers to
use software tools from multiple suppliers together, allowing
developers to integrate business processes used to create
e-business applications, such as those for Web services.
This new open source community already involves more than 150
leading software tool suppliers working together to evolve Eclipse
software, which will be available free-of-charge to developers.
More than 1,200 individual developers from 63 countries have
already participated in the Eclipse open source community
The community will be managed by a multi-vendor organization and
will include participation by industry leaders such as IBM, Merant,
QSSL, Rational, Red Hat, TogetherSoft, and others. Later this
month, the community will announce details about the organization,
including the multi-vendor board of directors."