SANTA CLARA, Calif., Feb. 22 /PRNewswire-FirstCall/ -- 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principle cause of service downtime and system vulnerability: out of date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
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.
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.
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(TM) 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
A singular vision -- "The Network Is The Computer"(TM) -- 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 sun.com.
Sun, Sun Microsystems, the Sun logo, Java, Solaris, and The Network Is The
Computer are trademarks or registered trademarks of Sun Microsystems, Inc. in
the United States and other countries.
FOR MORE INFORMATION
Stephanie Von Allmen
Industry Analyst Contact:
SOURCE Sun Microsystems, Inc.