Sun to Acquire Aduva
Technology To Be Embedded within the Solaris Operating System, Furthering Sun's Strategy to Offer IT as a Sun Grid Service
SANTA CLARA, CA February 22, 2006 Sun Microsystems, Inc. (NASDAQ: SUNW) and Aduva today announced that they have entered into a definitive agreement pursuant to which Sun will acquire Aduva. Aduva technology allows enterprises to automate the processes associated with patch and dependency management, providing a solution that scales from individual servers, up to large scale data centers with tens of thousands of machines in complex networks.
Aduva currently runs an active dependency service for Solaris and Linux servers, easing the burden on systems administrators deploying a continuous stream of patches, updates, and changes required throughout the data center lifecycle. Aduva's multi-platform services will be available for operation by individual customers behind their own firewalls, or as an automated service from Sun's Grid.
?By acquiring Aduva, Sun will be addressing the number one pain point we hear from IT administrators ? patch management ? while addressing the principle cause of service downtime and system vulnerability: out of date systems and patches,? said Don Grantham, executive vice president of Sun Services. ?By integrating this technology into our offerings and services, Sun can enable customers to update thousands of systems at the touch of a button.?
Grantham continued, ?At Sun, we know how hard customers are working to reduce risk, increase compliance, and automate more manual jobs in the data center, as they rely on the network for a growing array of computing services. As the vendor most committed to delivering computing as a network service, Sun can deliver on even more compelling offerings with the addition of the Aduva technology.? The transaction is subject to customary closing conditions and is expected to be completed during the fourth quarter of Sun's 2006 fiscal year which begins on March 27, 2006. The terms of the deal were not disclosed as the transaction is immaterial to Sun's earnings per share.
Safe Harbor
This press release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements include statements regarding the future results or expected financial performance of Sun Microsystems, Inc. following the consummation of the acquisition, Sun?s ability to automate patch and dependency management, its ability to integrate the Aduva products and services into Sun's product offerings and services, its ability to deliver even more compelling offerings and the expected completion date of the acquisition. Such statements are just predictions and involve risks and uncertainties such that actual results and performance may differ materially. Factors that might cause such a difference include the failure to successfully integrate Aduva and its employees into Sun and achieve expected synergies, compete successfully in this highly competitive and rapidly changing marketplace, retain key employees and to satisfy the closing conditions for the transaction. These and other risks are detailed from time to time in Sun?s periodic reports that are filed with the Securities and Exchange Commission, including Sun?s annual report on Form 10-K for the fiscal year ended June 30, 2005 and its quarterly reports on Form 10-Q for the fiscal quarters ended September 25, 2005 and December 25, 2006.
About Aduva
Founded in 1999 and proven in some of the largest mission critical production systems in the world, Aduva provides a ?knowledge driven? solution that significantly eases the management of open and mixed source server stacks. Aduva OnStage? is a life-cycle management application relying on Aduva?s comprehensive dependency knowledgebase to detect, analyze, and resolve any deviation, conflicts or drift from compliance, ensuring security and high system availability. For more information about Aduva, visit www.Aduva.com.
About Sun Microsystems, Inc.
A singular vision -- "The Network Is The Computer" -- guides Sun in the development of technologies that power the world's most important markets. Sun's philosophy of sharing innovation and building communities is at the forefront of the next wave of computing: the Participation Age. Sun can be found in more than 100 countries and on the Web at http://sun.com.
Source: Aduva
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