Sun acquires peer-to-peer company InfraSearchPalo Alto 06 March 2001 Sun Microsystems will acquire InfraSearch, a privately held company based in Burlingame, California. InfraSearch is a providing peer-to-peer (P2P) searching technology. With this acquisition, Sun intends to strengthen and accelerate efforts within Bill Joy's Project Juxtapose (JXTA) - an incubation research effort addressing new styles of distributed computing.
Sun intends that its JXTA research efforts in peer-to-peer computing will
address the network fundamentals of searching, sharing, and storing information
which are key to utilizing the power of the Internet. The technology under
development by InfraSearch is a fully-distributed, peer-to-peer search engine
that has the ability to return richer and more timely content on the Internet.
Under the terms of the agreement, Sun will acquire InfraSearch in a
stock-for-stock transaction. This acquisition will be accounted for as a
purchase and in-process R and D charges are expected to be immaterial. This
acquisition is subject to customary closing conditions. Following completion of
the acquisition, Sun plans to make InfraSearch a part of Sun's Project Juxtapose
based in San Francisco, led by Vice President Mike Clary.
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