The WS-* stack was conceived and driven forward by IBM and Microsoft, with other vendors cooperating on specifications where they had relevant expertise (Verisign on Security, BEA Systems on transactions and so on). The design philosophy was for a relatively simple and efficient basic mode of operation, with optional features added independently of each other.
More recently, though, something else has taken root among developers building distributed applications: Representational State Transfer (REST). As ever with technology, the debate over WS-* and REST has settled on the death of one technology and the rise of the other. The truth, though, lies somewhere in between.