April 12, 2007 2:03 PM PDT
Sun to acquire Java cell phone tech
Sun Microsystems has agreed to acquire the intellectual property assets of SavaJe, a company developing software for Java-enabled mobile phones.
The acquisition is expected to close by the end of June, Sun said Thursday. Terms of the deal were not disclosed. Sun said it will share details of its SavaJe-related plans at the JavaOne conference beginning May 8.
SavaJe investors include VantagePoint Venture Partners, Ridgewood Capital, RRE Ventures, New Venture Partners, Vodafone, T-Mobile and Orange.
Stephen Shankland writes about a wide range of technology and products, but has a particular focus on browsers and digital photography. He joined CNET News in 1998 and since then also has covered Google, Yahoo, servers, supercomputing, Linux and open-source software, and science. E-mail Stephen, or follow him on Twitter at http://www.twitter.com/stshank. 
