An announcement made this week states that Sun Microsystems will be purchasing SavaJe Technologies' intellectual property assets. While we haven't really been witness to much action on the SavaJe front, we can see why Sun would like to acquire the company's Java-heavy technology. Of course, SavaJe intended to provide a more complete experience than Sun's own J2ME ever intended to, even going as far as a physical handset release to demo the platform's capabilities. Alas, the company struggled mightily and this acquisition by Sun makes sense to all parties, we suspect. Details of the transaction -- and what it means for both organizations' efforts -- will be released at the JavaOne Conference in May.

[Via Phone Scoop]