In Short: Sun Acquiring Security Software Vendor - InformationWeek

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In Short: Sun Acquiring Security Software Vendor

Sun Microsystems plans to expand its security identity-management offerings by acquiring Waveset Technologies Inc., a maker of software designed to automate processes governing access to business systems and data. Waveset's products will become part of Sun's Java System Network Identity Services. The purchase price wasn't disclosed for the cash transaction, which is expected to close by year's end.

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