Google is waving good-bye to Wave.

The company said on its blog on Wednesday that it is halting development on Google Wave, a real-time collaboration tool aiming to combine various forms of online communication.

"Wave has not seen the user adoption we would have liked," Senior Vice President Urs Holzle said in the blog post. "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."

Google debuted Wave in June 2009 to much attention, but there was much debate over what, exactly, the tool would be used for.

More: http://news.cnet.com/8301-13860_3-20012698-56.html