Sun buys mobile phone Java operating system co., SavaJe

Sun Microsystems has acquired Chelmsford, Mass.’ SavaJe, an open standards Java mobile phone operating system, for an undisclosed amount.

See story here.

The amount was undisclosed.

The company raised more than $80 million across several rounds of financing since 1999, when it started as a spin-out from Lucent and got backing from that company, and later getting several rounds of backing from Vodafone Ventures, Ridgewood Capital Management and RRE Ventures.

Other backers over the years were T-Mobile, France Telecom’s Orange, New Venture Partners and VantagePoint Venture Partners.

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Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.

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