Sun Acquires SOA Integration Company
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Sun Microsystems is to acquire SeeBeyond Technology, a vendor of enterprise integration solutions. Sun aims to create what it believes will be the industry's most complete offering for the development, deployment and management of enterprise applications and Service Oriented Architectures (SOA). The price is $4.25 per SeeBeyond share or $387m. Assumption of employee stock options is included. Scott McNealy, chairman and chief executive officer, Sun Microsystems, Inc. "Sun is well positioned to partner with systems integrators worldwide in serving the global market. Both they and our mutual customers are increasingly focused not only on the world of web services, but the secure integration of those business processes through service oriented architectures (SOA). This acquisition strengthens our software portfolio and opens new growth and partnering opportunities worldwide." Since last year, we have actively worked with Sun on joint SOA-based architectural and vertical solutions, said Jim Demetriades, founder and chief executive officer, SeeBeyond. "The results of these efforts are already being seen through work with joint customers such as Blue Cross Blue Shield of Massachusetts, which is actively leveraging our technologies to drive dynamic cost savings and process improvement." Sun continues to integrate more services into its software portfolio. The Solaris(TM) Operating System, which ships with all Sun software suites, is the foundation of this integrated set of services -- called the Java Enterprise System. The Java Enterprise System includes: Sun Java System Application Platform Suite, Sun Java System Communication Suite, Sun Java System Identity Management Suite, Sun Java System Availability Suite and Sun Java System Web Infrastructure Suite.
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