Mentor Graphics (the company behind the BridgePoint™ xtUML UML Executable environment ) has recently announced its intentions to release as open source the UML Editor included in BridgePoint.
Having more open source UML editors is always a positive step though you should not get too excited about this. Only the front-end editor is released, the verifier and the compiler (to generate code in different platforms) remain proprietary. Anyway, at least, you can give (their interpretation of) Executable UML a try by using a specialized editor.
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