Novell to acquire SilverStream for £145m

Board approves takeover of web services company

Peter Williams

Novell is to acquire Java 2 Enterprise Edition (J2EE) and web services company SilverStream Software for an estimated £145m.

The takeover, which has unanimous SilverStream board approval, is expected to be completed by the end of July.

Advertisement

Speaking exclusively to vnunet.com last month, Novell chief executive Jack Messman outlined plans for a new operating environment that would go beyond J2EE and Microsoft's .Net.

Some of the component parts for the new strategy will come from internal development, but Messman said that Novell would acquire technology from third parties where this would speed up implementation.

So the technology provided by SilverStream, Novell's first purchase since Messman's statement, could be core to Novell's plans.

In a statement Messman said: "Novell is now well positioned to be a leader in the emerging and fast-growing market for web services solutions.

"With Novell and SilverStream technologies we will provide customers with an ideal architecture to build out their next-generation systems, helping them deploy new technologies at low cost while getting the full value from prior IT investments."

SilverStream is one of the most advanced developers of web services technology. Its software runs on J2EE application servers including BEA's WebLogic and IBM's WebSphere. It also offers its own J2EE application server.

  • Have your say
  • Send to a friend
  • Print
  • Digg
  • Reddit
  • Share

Tags:

Do you agree?

Further reading

LinuxWorld 2004

Novell unveils Extend update

Version 5.2 offers complete Linux server and desktop support for the first time

Novell answers channel partner critics

Relationship building makes progress

Novell extends One Net to ZENworks

Big announcements from the Barcelona Brainshare bash

Related whitepapers

Related jobs

Most watched

iPhone

Video Review: iPhone 3GS

We put Apple's latest iPhone through its paces

V3.co.uk weekly debrief, 5 Feb 2010

This week we cover the continuing controversy surrounding the Orange T-Mobile deal

Analysis and Reports

Using managed services to protect mobile data users from the latest security threats

Counting the cost of data security: the benefits of secured mobile services

Shifting Disaster Recovery targets with SharePoint and SQL server configurations

Using a hostbased recovery system for mission-critical systems

Poll

Adobe Flash poll

Adobe Flash poll

Do you agree with Steve Jobs about Flash being buggy?

View poll results

Advertisement

White paper library

Keep up to date with the latest products, services and technologies from the world's leading IT companies; IThound.com brings you over 6,000 white papers, case studies and analyst reports.

Advertisement

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Enter email address to edit your newsletter preferences

Job of the week

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Hiring now on ComputingCareers:

Related IT jobs

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Advertisement

Spotlight

Windows 7

Microsoft denies Windows 7 battery problems

Replacement warning functioning normally, claims software giant

Safer Internet Day

Safer Internet Day highlights online threats

Annual initiative warns of phishing, ID theft and social network...

AMD Fusion

AMD details Fusion innovations at ISSCC

Forthcoming chip with four CPU and one GPU cores will...

MSI Wind U135

Review: MSI Wind U135 netbook

A decent netbook incorporating the latest Intel technology in a...

Primary Navigation