Sun announced today it has snapped up Forte Software in a deal worth around $540 million.
The acquisition is expected to be completed during Sun's second financial quarter next year, subject to regulatory approval. Following completion of the deal, Forte will operate under its own name as a subsidiary of Sun.
Sun said the purchase will add more key elements for network computing to its product portfolio. The company added that Forte's strengths in scalable distributed application development and enterprise application integration complement Sun's Java platform and other network computing technologies, as well as the iPlanet products from Sun's tie up with Netscape.
Sun president and chief operating office Ed Zander commented in a statement: "We welcome Forte's team, solutions and expertise to out line of Internet development and deployment products and we are looking forward to working with Forte's customers on multiple platforms including Sun, HP, Microsoft and IBM."
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