You mean wasabi or whatever it was called?
It may seem weird nowadays but at the time it made sense since wasabi was "transpiling" VBScript (on which their existing codebase was written since they were all into Microsoft products at the time) to other languages in environments where VBScript didn't exist (e.g. IIRC they could transpile to PHP - and there isn't "one" PHP).
They were basically making shrink-wrap software running on an environment (the web) that wasn't made for shrink-wrap software (especially at the time) and came up with a technical solution to it.
FWIW they weren't the only to attempt something like that. HaXe is basically the same idea and was used to port a ton of games from Flash to all sorts of platforms and Monkey was another similar attempt (i think most people aren't aware of these two because they were gaming related and really limited to indie games).