Sun to acquire Pixo

Sun Microsystems Inc has announced that it has entered into a definitive agreement to acquire Pixo Inc, a privately held company based in San Jose, California. Pixo provides network operators with Java technology-based server software to manage the secure distribution and monetization of digital content for end users' mobile devices. This acquisition would solidify Sun's leadership in mobile data services and create a presence for Sun in the arena of digital rights and access management for content distribution.

Pursuant to the terms of the agreement, Sun would acquire Pixo in an all-cash transaction. The acquisition is expected to close in the first quarter of Sun's 2004 fiscal year, which begins July 1, 2003. Following completion of the acquisition, Pixo would become an integral part of Sun's Software organization under the leadership of Jonathan Schwartz, Executive VP, Software.

In the future, Pixo would become part of the Project Orion platform, which converges Sun's software offerings into a predictable, scheduled quarterly release of an integrated software system distributed on Solaris Operating System, Solaris x86 Platform Edition and Linux. By deploying Project Orion, customers would also benefit from an overall lower cost of acquisition and speed up time to deployment.

The Pixo product range can simplify deployment of new services for both network operators and enterprises. It would be offered in conjunction with Sun's recently announced mobility programs, which includes the Sun Developer Network Mobility Program, Business Mobility Initiative and Unified Testing Initiative for Wireless Java Applications.

CYBER NEWS SERVICE

NEW DELHI  (CNS)