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News
Issue #2001 - 21 (May 2001)
(Updated May 23, 2001)

ACQUISITIONS, MERGERS & AGREEMENTS

JAMDAT Mobile Secures Funding from Sun Microsystems

The creator of the popular mobile game ‘Gladiator’ JAMDAT Mobile announced that Sun Microsystems, Inc. has joined other investors, including Patricof & Co. Ventures, Intel Communications Fund, and QUALCOMM, in its second round of financing, now totaling $12-million.

According to Neeraj Bharadwaj, principal, Patricof & Co. Ventures, "The experience of JAMDAT’s management team combined with the scalability and multi-user functionality of their platform positions them well" in the wireless Internet gaming market.

Commenting on Sun’s participation, CEO of JAMDAT Mobile Mitch Lasky, said, "Sun Microsystems is an important partner for JAMDAT in the mobile entertainment marketplace. Sun’s Java 2 Micro Edition technology is a key development platform for wireless devices worldwide. In addition, Sun’s carrier-grade server technologies are a fundamental component of the wireless Internet infrastructure."

In addition to the investment, JAMDAT and Sun Microsystems will work together on technology initiatives related to the optimization, provisioning, and monitoring of the next generation of mobile entertainment applications.

The Los Angeles, C.A., mobile gaming company said the investment will be used to expand its offering of middleware solutions. Currently, it offers a fully-featured game development SDK, content and session management solutions, user authentication and billing integration, and advanced data mining and analysis.

For more information: http://www.jamdat.com/

Mobileinfo Comments and Advisory: Mobile entertainment is a good bet of J2ME and Sun. JAMDAT can do well, if the company executes its mandate right.

Note: This news release may contain forward-looking statements. Readers should take appropriate caution in developing plans utilizing these products, services and technology architectures.  All trademarks used in this summary are the property of their respective owners.


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