Sun Acquires CenterRun

03:40 - Saturday 9 August 2003 by THG Reporting Team
Source: Tom's Hardware – Keywords: sun, acquires, centerrun Category : Miscellaneous

Sun Microsystems Inc. said Friday it has agreed to acquire CenterRun Inc., a privately held company that makes network software. "The deal, an all-cash transaction, was expected to close in the first quarter of Sun’s 2004 fiscal year. Redwood City, Calif.-based CenterRun would become part of Sun’s software unit, led by Executive Vice President Jonathan Schwartz. The value of the deal was not disclosed."

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