Sun Microsystems, Inc. announced it has completed its acquisition of SeeBeyond Technology Corporation, following approval of SeeBeyond stockholders. Trading of SeeBeyond common stock has been suspended. Under the terms of the agreement, SeeBeyond stockholders will receive $4.25 per share for an aggregate consideration of approximately $383 million, which includes the assumption of employee stock options. With the close of the acquisition, SeeBeyond becomes a subsidiary operating within Sun's Software Division.
Sun also announced today the availability of the Sun Java Integration Suite, the sixth suite in Sun's Java Enterprise System (Java ES). Combined with the most advanced operating system on earth, Solaris 10, this new suite makes the Java ES an even more attractive environment for businesses and system integrators to build next-generation customer solutions.
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