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Sun buys SavaJe
Posted OnApril 16, 2007 by Ramdas S
Sun Microsystems, and SavaJe Technologies today announced that the two companies
have entered into a definitive agreement pursuant to which Sun will
acquire SavaJe's intellectual property assets. Additional information
regarding the acquisition of these assets will be unveiled at the annual
JavaOne Conference being held in San Francisco, May 8-11, 2007.
The transaction is subject to customary closing conditions and is
expected to be completed during the fourth quarter of Sun's 2007 fiscal
year, which began on April 2, 2007. The terms of the deal were not
disclosed as the transaction is immaterial to Sun's earnings per share.
have entered into a definitive agreement pursuant to which Sun will
acquire SavaJe's intellectual property assets. Additional information
regarding the acquisition of these assets will be unveiled at the annual
JavaOne Conference being held in San Francisco, May 8-11, 2007.
The transaction is subject to customary closing conditions and is
expected to be completed during the fourth quarter of Sun's 2007 fiscal
year, which began on April 2, 2007. The terms of the deal were not
disclosed as the transaction is immaterial to Sun's earnings per share.