While it was enthusiastically received in some circles, Google Wave just isn't being used widely enough for the company to persevere with the project.
"We don't plan to continue developing Wave as a standalone product, but we will maintain the site at least through the end of the year and extend the technology for use in other Google projects," said Urs HÃ¶lzle, Google's senior vice president, operations.
In line with its "data liberation" policy, the company will develop tools that will allow users to extract content currently stored in Wave.
HÃ¶lzle also noted that the central parts of the Wave code have already been made available as open source.
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At the time of Wave's introduction, iTWire's Sam Varghese invoked the Peter Principle, suggesting that Wave ran contrary to the simplicity that Google usually espoused and predicting that it would all end in tears.
"With Wave, [Google] has overreached and may finally get beached."