Exit
US software giant Sun Microsystems Inc has acquired Q-layer, a specialist in cloud computing, providing an exit for Wellington Partners and its fellow venture capital investors. Q-layer, based in Belgium, will become part of Sun’s cloud computing business.
Q-layer’s technology simplifies the management of so-called cloud computing architectures in which servers, storage, bandwidth and applications are available as Web-based services, enabling users to scale IT systems to their specific requirements.
David Douglas, Senior Vice President of Cloud Computing, and Chief Sustainability Officer, Sun Microsystems, said, “Q-layer's technology and expertise will enhance Sun’s offerings, simplifying cloud management and speeding application deployment.”
The terms of the deal were not disclosed.
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