A month after shuttering Google Wave, the company has announced that it will be fleshing out the Google Wave code to turn the current example Web server and client into a complete application called Wave in a Box. Although Wave in a Box won't have the full functionality of Google Wave, it will be made available as open source, and Google's hope is that a vibrant developer community will help Wave move forward and fulfill its initial promise. We're not holding our collective breath, but it could happen. follow link
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The Fall and (Open Source) Rise of Google Wave