OpenVMS Software, Inc. has just recently licensed the VMS source code from Hewlett-Packard. Initially, they will continue development on the Itanium processor.
They have pledged to move it to the industry-standard Xeon processor. This is good news, as the Itanium processor will go end-of-life (EOL) soon.
HP will continue to sell support for VMS 8.4, and will be a reseller of future OpenVMS products.