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Sun to Buy Tarantella

The deal is valued at $25 million.
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Sun Microsystems

(SUNW) - Get Report

agreed to buy

Tarantella

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(TTLA)

, a provider of secure application access software, in a deal valued at 90 cents a share, or $25 million.

Tarantella, based in Santa Cruz, Calif., makes software that enables organizations to access and manage information, data and applications across virtually all platforms, networks and devices. Sun expects to complete the transaction in the first quarter of its fiscal year 2006.

Sun closed Monday at $3.85, while Tarantella ended the day at 83 cents.