Has the time come to collaboratively develop the software the language industry needs? To be more creative than any single company by sharing ideas, effort and costs? Instead of being suspicious competitors, is the language industry ready to work together and share ideas? Many companies in the industry express the need for tools, which - truly support Open Standards - can be extended, customized and integrated the way they need it - are driven by the latest research - are well supported - are affordable The OSELI initiative hopes to achieve traction.