Wonderware announced today that it has acquired the development software and hardware infrastructure for the $2 billion venture from a group led by venture capitalist Peter Thiel.
It’s a pretty big deal for the startup, but its been a long time coming.
“WOW is very excited to welcome Peter Thiel into its core teams to take the helm of our technology,” Wonderware CEO John Vassallo said in a press release.
“We have been building the world’s largest, most open-source development environment for over a decade, and now we are building a next-generation platform for developers that makes it easy to bring their vision and skills to life.”
The deal will enable Wonderware to build software on top of its existing portfolio of open- source tools, which includes a Java platform called Java EE, a Python scripting language called PyQt, and a MySQL database engine called MongoDB.
While some of these platforms have been around for decades, this acquisition is the biggest in Wonderware history.
For years, Wonderware has been using its own proprietary development platform to create its own open source applications and libraries.
But in 2013, the company announced it would buy out the software developer network known as Wonderware Network to allow for a more seamless transition to its new enterprise platform.
The purchase has a few different advantages.
One is that it means Wonderware can now continue to maintain its own development infrastructure, but it also means it will get to work on other projects for which it’s already working.
In other words, it means that Wonderware will have access to some of its software developers, while also being able to use their expertise to develop applications for the new enterprise.
And while Wonderware doesn’t have a big chunk of its infrastructure already built, it did get to start using its existing infrastructure for a while, starting with the Wonderware Development Server (WDS), which is a Web server that lets developers use Wonderware tools like Wonderware Studio, WonderWare Web, and Wonderware Web Server.
The new platform has been in use for some time, but in 2013 it became a core part of the software development lifecycle for many businesses.
The company used to be able to leverage WDS to run Java applications and write Web-based applications, but with the acquisition, Wonder and its partners will be able run more complex projects.
That means you’ll be able take advantage of the new platform in a number of ways, like running Java applications in Wonder Web, running Python applications in Web Server, and so on.