Sun plans to acquire Neogent, an identity management services automation company. The deal will combine Sun's identity management solutions with Neogent's deployment automation toolset to help enterprise customers meet compliance requirements such as Sarbanes-Oxley, the Health Insurance Portability and Affordability Act (HIPAA), Homeland Security Presidential Directive-12 and the Gramm-Leach-Bliley Act.
Neogent has been a Sun partner and reseller of the Sun JavaTM System Identity Management suite implemented with the Neogent Velocity package. Neogent has assisted customers in deploying identity and access management (IAM) solutions in as short a period of time as 45 days. Customers have included Office Max, AMD, Yamaha, Wells Fargo and others. Neogent has also delivered training in the U.S. and in other countries. Sun and Neogent participated in the June 2006 Burton Group Catalyst Conference to demonstrate their IAM solutions.
One of the advantages of the acquisition is the packaged solutions that Sun will be able to offer to customers, packages with reduced deployment time. In addition, Sun partners will be able to leverage Neogent deployment technologies and service expertise. Bruce Douglas, chief executive officer, Neogent, explained, "Neogent's Velocity Identity Package (VIP) toolset is based on repeatable process automation methodologies and is the perfect packaged implementation service to complement Sun's identity portfolio. We are proud of our longtime partnership with Sun and are very excited that Sun has chosen Neogent to expand its industry leading identity software capabilities."
The acquisition is expected to be completed during the second quarter of Sun's 2007 fiscal year. Neogent, based in Austin, Texas, will be rolled into Sun's services division. The senior vice president, Services Group, Sun, Peter Weber, said the acquisition will "expand Sun's resources and talent for architecture and project oversight in the rapidly growing identity business."
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