| By Virtualization News | Article Rating: |
|
| March 5, 2008 04:15 PM EST | Reads: |
2,729 |
Sun Microsystems announced that it has entered into a stock
purchase agreement to acquire innotek, the provider of the open source
virtualization software called VirtualBox. By enabling developers to build,
test and run applications on multiple platforms, VirtualBox will extend the Sun
xVM platform onto the desktop and strengthen Sun’s leadership in the virtualization
market. This software is available for all major operating systems at www.virtualbox.org and www.openxvm.org.
The stock purchase agreement to acquire innotek is subject
to customary closing conditions and is expected to be completed during the
third quarter of Sun’s 2008 fiscal year. The terms of the deal were not
disclosed as the transaction is not material to Sun’s earnings per share.
Published March 5, 2008 Reads 2,729
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