The service processor (SP) that is on Sun V20z and V40z servers has a feature called Serial-Over-LAN (SOL) which, when turned on, redirects the serial port traffic to the SP. You can then attach to this like you would a normal serial console connection by issuing a command from the SP prompt.
This has the benefit of not requiring a dedicated serial connection to these servers. Instead of three minimum cables (SP ethernet, main ethernet, and serial), you now only need two (SP ethernet and main ethernet.)
To activate Serial-Over-LAN, log in to the SP of the machine(s) in question and issue:
platform set console -s sp -e -S 9600
Then, whenever you log into the SP, you can access the serial console with the command:
platform console
Once you do that, the serial console will appear like it would with a hardwire serial console connection. All SOL commands begin with control-e c. To bring up the SOL help menu, you would type ctrl-e c ?. To quit out of SOL and return to the SP command line, you would type ctrl-e c ..