Sun Microsystems Strengthens Market-Leading Identity Management Portfolio with Intent to Acquire VaauSANTA CLARA, Calif. November 13, 2007 Sun Microsystems, Inc. (NASDAQ: JAVA*) and Vaau, Inc. today announced that the two companies have entered into a definitive agreement pursuant to which Sun will acquire Vaau, a premier provider of Enterprise Role Management (ERM) and identity compliance solutions.
As regulatory requirements continue to tighten, enterprises must find new ways to reduce auditing costs. By leveraging ERM, organizations can reduce these costs by discovering, defining, and managing user access with a common vocabulary that links business and IT. Vaau's RBACx solution combined with the provisioning and identity auditing capabilities of Sun's identity management portfolio powered by the Solaris 10 Operating System will enable organizations to streamline the provisioning process and significantly reduce the cost of auditing. "This announcement further underscores Sun's leadership in the high growth identity audit and compliance categories, adding both a market-leading solution and proven implementation services to our portfolio," said Jim McHugh, vice president of Marketing, Software Infrastructure, Sun Microsystems. "As a leader in enterprise role management and identity certification, Vaau provides an integrated set of capabilities to automate and enforce internal security controls that will further enhance Sun's ability to provide comprehensive solutions to our customers across the full spectrum of governance, risk and compliance." Recognized as a global leader in identity management, Sun manages billions of user identities worldwide for the world's largest companies spanning a variety of industries. For more information about Sun's identity management portfolio, please visit http://www.sun.com/identity. The definitive agreement to acquire Vaau, Inc. is subject to customary closing conditions and is expected to be completed during Sun's fiscal third quarter 2008, which begins on December 31, 2007. The terms of the deal were not disclosed as the transaction is immaterial to Sun's earnings per share. About Vaau, Inc. Vaau, Inc. is a premier provider of enterprise role management and identity compliance solutions for global Fortune 500 companies. Vaau's award-winning solutions and methodology enable organizations to proactively enforce internal security control policies and automate critical identity management processes. Through strategic relationships with identity management vendors such as Computer Associates, Hewlett-Packard, IBM, Novell, Oracle, and Sun Microsystems, Vaau offers a unique, integrated user-management solution that includes role engineering, role management, and identity compliance. Vaau's flagship solution, RBACxTM, allows enterprises to manage the lifecycle of identities from role definition to the ongoing and continuous process of auditing and certifying users' accessibility rights to company resources and information. Vaau is headquartered in Torrance, California. To learn more, please visit www.vaau.com. About Sun Microsystems, Inc.Sun Microsystems develops the technologies that power the global marketplace. Guided by a singular vision -- "The Network is the Computer" -- Sun drives network participation through shared innovation, community development and open source leadership. Sun can be found in more than 100 countries and on the Web at http://sun.com.
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