Infotech Lead America: Pramati, a software engineering firm, has acquired certain assets of WaveMaker, visual Rapid Application Development (RAD) software platform, from VMware.
VMware bought the visual Rapid Application Development (RAD) software platform in March 2011.
WaveMaker will be used to grow and enhance Pramati’s cloud-based Java development capabilities.
The company did not disclose financial terms of the transaction.
WaveMaker simplifies the process of building enterprise Java applications to boost both developer productivity and quality, without compromising flexibility.
WaveMaker applications are cloud-ready, multi-device, and backed by a strong developer community that has doubled to 35,000 active monthly users over the last two years. Pramati expects to accelerate this growth going forward.
“The acquisition of WaveMaker is integral to Pramati’s ongoing strategy to efficiently bring together skills, capital, customer relationships and leading technologies that can quickly take advantage of market opportunities,” said Vijay Pullur, president of Pramati.
WaveMaker helps its users build standard enterprise Java applications using a visual drag-and-drop paradigm that streamlines development time, significantly reducing written code.
“WaveMaker was designed to bring high-quality Java applications to market quickly and efficiently,” said Charles Fan, senior vice president of R&D, Storage and Application Services, VMware.
The addition of WaveMaker underscores Pramati’s support for Java standards in the cloud computing era. The Pramati portfolio of companies includes SocialTwist, a social referral marketing platform focused on customer acquisition and retention, and Imaginea, a technology services company that offers advisory, strategy, product development, and implementation services.