Zend Framework (ZF) is an open source, object-oriented web application framework implemented in PHP 5 and licensed under the New BSD License.
It is a part of the PHP Collaboration Project, which exists of:

Zend Developer Zone
Eclipse-based PHP-IDE
Zend Framework
The framework is based on the MVC Model. The different components of the framework can be used separately. Examples of these components in Zend Framework are Zend_Log, Zend_Config en Zend_Feed.
Support more webservices
Possibilities for identitymanagement
Huge possibilities concerning forms
Support for YAML as information markup language
Development tools for easier developing
Continuously expanding and improving the functionality