Google has announced that despite Wave's demise as a Google App, its open source code will continue to be developed into a fully-functional application available to anyone with the desire to host it.
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Although the application won't retain its Gmail integration, users of "Wave in a Box" will be able to import data from the eventually defunct wave.google.com and still feature threaded conversations. Developers will be able to build on Wave in a Box or use the open source code to repurpose Wave's technology for new, exciting applications.
Google Announces Wave in a BoxView the Original article
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