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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.

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