Oracle Punts Java EE To The Eclipse Foundation

Taking over Java EE will be the Eclipse Foundation while Oracle will continue to be involved as well as continuing to work with existing licensees of enterprise Java. Oracle decided to pick the Eclipse Foundation over other suitors based upon input from IBM and Red Hat, among others.
Oracle-led Java EE technologies will be re-licensed to the Eclipse Foundation and they are hoping for more community involvement in the development process. A new name for "Java EE" will also be coming about.
More details via this Oracle blog post.
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