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Technology / AI and automation

SUN TO ACQUIRE SOFTWARE ACCELERATOR TRANCEPT

Latest station on Sun Microsystems’ whistle-stop acquisition tour is a privately held firm called Trancept Systems Inc, location not given, which develops and sells application accelerator products. Sun has a letter of intent to acquire the firm for Sun shares worth about $5m. Trancept’s key product is the TAAC-1 graphics and applications accelerator, designed to increase performance of computation- and graphics-intensive applications such as geometric modelling, medical imaging and broadcast animation.

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CBR Staff Writer

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