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All About Microsoft posted a news story that Microsoft is planning to launch its WebMatrix Web-development tool bundle this week at the CodeMash event



WebMatrix is Microsoft’s newest Web development tool for creating new Web sites. Developers can use templates (provided by Microsoft or pre-built) or “any of the free popular open source ASP.NET or PHP web applications, such as WordPress, Joomla!, DotNetNuke or Umbraco, located in the online (Microsoft) Web Applications Gallery,” according to the Microsoft Developer site.

Microsoft launched the first WebMatrix beta in July 2010.
  Microsoft to launch Webmatrix Web-development tools this week