Sun has completed its acquisition of Kealia, Inc.
Kealia was co-founded and led by Andy Bechtolsheim, 48. Bechtolsheim was a co-founder of Sun Microsystems and vice president of technology from 1982 to 1995, where he held a range of roles including chief architect of Sun’s workstation product line. He invented the “Stanford University Network workstation” that eventually became the Sun-1 Workstation and was instrumental in launching other successful Sun products, including the SparcStation® 1. Bechtolsheim returns to Sun as senior vice president and chief architect in Sun’s Network Systems organization, and is also a member of Sun’s executive management team. He has been reassigned his “number one” employee badge.
As part of the acquisition, Sun plans to formally drop the “Kealia” name. No one could pronounce it anyway.
Sun issued an aggregate of approximately 20,000,000 shares of common stock (including assumed options) in exchange for all outstanding stock and options of Kealia.