Coming hot on the heels of the Software AG/webMethods deal, we now have "something else entirely!" The IONA buy of LogicBlaze highlights the industry's interest in and need for open source SOA convergence.

Thanks to ebizQ's Gian Trotta, we remember (he remembers!) that last September, we talked to Rob Davies, Logic Blaze's vice president of product development, about FUSE's particular features and the evolving balance between open source and traditional SOA vendors. I know you will immediately want to check it out here!

Dennis Byron, our Open Source blogger and IT Investment Research analyst, has lots to say on this deal. Interestingly enough, it was Dennis' estimate of privately held LogicBlaze of $1 million that was used on the analyst call, which IONA neither confirmed nor denied. Check out Dennis' commentary here.

ebizQ blogger Brenda Michelson also linked to blogger Debbie Moynihan, who works on open source initiatives for IONA. Here's her explanation of the buy and her words welcoming LogicBlaze as an integral part of IONA's Open Source Business.

There will be lots more on this soon.