SANTA CLARA, Calif.- Sun Microsystems and mobile software creator SavaJe Technologies have entered into a definitive agreement under which Sun will acquire SavaJe’s intellectual property assets.
Additional information regarding the acquisition of these assets will be unveiled at next month’s annual JavaOne Conference in San Francisco.
SavaJe is a privately-held Chelmsford, Mass., company whose Java-based Mobile Platform simplifies the development of customizable, richly branded and secure user interfaces for mobile feature phone handsets. It enables operators and handset manufacturers to exploit the branding, marketing and revenue potential of mobile phones.
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. The terms of the deal were not disclosed as the transaction is immaterial to Sun’s earnings per share.
SaveJe CEO Matthew Catino co-founded the company in 1999. Before that he spent three years as senior product manager for the Inferno operating system at Lucent Technologies.
Last year it struck a deal with Longcheer Technology Ltd., an independent handset designers in China, to use the SavaJe Mobile Platform for handsets it expects to release in China and Europe.