SpringSource, the developer of an open framework Spring intended for creation of Java applications of the corporate level and the speaker as an alternative of the Enterprise JavaBeans model. Within the first years of existence, SpringSource created due to a number of own developments and the made acquisitions finished high-level by Java platform, including the environment of execution, a development tool and management tools.
The company was created in 2005 by development team begun several years prior to that open Spring Framework project. The headquarters of the company is in San Mateo (California, the USA), and its local offices — in a number of countries of Western Europe and also in Canada and Australia. Now in SpringSource about 150 employees work. At the same time while the company represents especially investment project — according to media reports, the exit to a point of payback was planned only in the middle of 2010. According to the chief executive of VMware Paul Maritz, about a half of all Java applications is developed in the environment of Spring.
9 of 10 largest banks in the world use Spring during the work with Java.