Thursday, December 21, 2006
Bakbone Software (BKBO) deal with Sun
Bakbone Software (combined links) released this press release today, announcing a "strategic worldwide technology licensing and distribution agreement with Sun Microsystems".
Today’s announcement enables the worldwide availability and global cooperative support for BakBone’s NetVault®: Backup product suite through Sun’s direct sales force, as well as its network of distributors and value-added resellers (VARs)....and the market went [somewhat] wild. The stock price jumped 15% to close at $1.52. Still no word on the accounting issues.