I smell an acquisition if it works...

I just saw this announcement from Secude & Siemens and it is one of the first announcements I've seen in a while that is focused on extending Identity and Access Management for SAP. It's no Thor/Octet String/Oracle play, but it gets SAP in the game:

End to end technology partnership for identity and access management with emphasis on SAP integrationPosted on 09 March 2007.

SECUDE and Siemens have agreed to enter into a partnership which combines the partners’ know-how into a complementary and collaborative strategy.

The alignment of resources creates significant benefits for both partners and presents a win-win situation for SAP and their customers. The intention is to capitalize on each others complementary technologies and coordinate marketing and sales efforts on a global scale to service and support the market more efficiently and effectively. “The driver for this partnership is that the whole is more than the sum of its parts”, states Doris Hermann, VP and General Manager Security and Identity management, Siemens AG.

Siemens has successfully marketed and sold security solutions on a global scale. These solutions include an Identity and Access Management suite based on the Siemens DirX product family providing a standard-compliant, extremely reliable, scalable and highly-performing platform as well as certified and secure smart cards solutions.

SECUDE is an established leader in key and access management for over a decade with a suite of products on the same platform including Single Sign On, Key and Token Management, and managed encryption of files, folders, mail and various storage devices. SECUDE has been a strong IT-Security partner of SAP for 10 years and is a leading provider of key and access management technologies for SEAGATE encrypted disk drives.