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Summary.     Click for More > Oracle completes Sun acquisition EU clears Oracle takeover of Sun E.U. warms to Oracle-Sun deal Sun Micro Slashing Up To 3,000 Jobs  Sun Microsystems Inc. plans to eliminate up to 10% of its worldwide work force, as it awaits a takeover by Oracle, a deal being held up by Europe EU Applies Brakes To Oracle-Sun Deal Sun Predicts Weak Results
Sun CEO: Twitter quitter
Feb.4
  Sun Microsystems CEO Jonathan Schwartz announced his resignation via a Twitter haiku, adding a poetic flourish to the end of his company.    'Financial crisis/Stalled to...
Jan.27
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Sun CEO: Twitter quitter


February 2010 ... more > Top ^
Feb.4
  Sun Microsystems CEO Jonathan Schwartz announced his resignation via a Twitter haiku, adding a poetic flourish to the end of his company
 'Financial crisis/Stalled too many customers/CEO no more'


January 2010 ... more > Top ^
Jan.27 Oracle completes Sun acquisition  Oracle CEO Ellison is vowing that Sun will immediately add to Oracle's profits. He said about 1,000 layoffs planned for Sun Jan.21 EU clears Oracle takeover of Sun
  The European Union cleared proposed $7.4 billion takeover of Sun Microsystems Inc., saying it would not significantly affect competition in the EU

year 2009 Top ^

Dec.14 E.U. warms to Oracle-Sun deal
  European Union regulator are softening their opposition to proposed $7.4 billion takeove, a shift that has resurrected some investors' hopes Oct.29 CEO's pay package cut by a third in '09 Oct.20 Sun Micro Slashing Up To 3,000 Jobs
  Sun Microsystems Inc. plans to eliminate up to 10% of its worldwide work force, as it awaits a takeover by Oracle, a deal being held up by Europe
Sep.3 EU Applies Brakes To Oracle-Sun Deal  European Union regulators are launching a formal antitrust investigation into Oracle Corp.'s proposed $7.4 billion takeover of Sun Microsyst... Aug.28 Sun posts $147M loss as Oracle deal looms Jul.14 Sun Predicts Weak Results  Sun Microsystems projected quarterly results below estimates, signaling it will clear some charges off its books ahead of an acquisition by ... Apr.20 Oracle To Buy Sun For $7.4B
  Oracle Corp. is pouncing on an opportunity that opened up after rival IBM abandoned an earlier bid to buy computer server and software maker
Apr.5 Sun deal cloudy after IBM pulls offer  Sun terminated IBM's status as its exclusive negotiating partner; the two sides were still talking Mar.21 Possible roadblocks if IBM to acquire Sun  IBM's acquiring Sun Microsystems could be held up or altered by regulators concerned by the consolidation of the two tech giants Mar.18 IBM May Buy Sun Micro
  Sun Microsystems shares soared after a published report said IBM is in preliminary talks to buy Sun for at least $6.5 billion in cash


year 2008 Top ^

Nov.14 Sun To Cut 6,000 Jobs
  Sun Microsystems plans to cut up to 18% of its global work force, as sales of its high-end computer servers have collapsed Sep.24 Sun CEO gets $11M 2008 pay package  Chief Executive Jonathan Schwartz received an $11.1 million, 44% bump over the previous year's $7.7 million Aug.1 Sun Expands Stock Buyback Jul.15 Sun Micro predicts 4Q above Street May.1 Sun swings to 3Q loss, shares tumble Jan.16 Sun to buy MySQL for $1 billion  Open-source software maker MySQL AB's technology is used by some of the world's biggest Web sites

year 2007 Top ^

Nov.6 Sun Microsystems Sees 1Q Profit
Aug.7 Sun Microsystems to Reduce Work Force Jul.31 Shares jump 11% on 4th-quarter profit Apr.24 3Q Profit, But Shares Fall Jan.23 Profit After Years In Red Jan.22  Sun to Use Intel Chips in Some Servers

year 2006 Top ^

May.31 Sun to Cut Up to 5,000 Jobs
  Sun Microsystems planned to reduce 37,500-person work force by 11% to 13% to return to consistent profitability.    The cuts, over the next six months, will cost from $340 million to $500 million over the next several quarters The plan includes selling real estat...
May.12  Sun seeks buyer for Newark site Apr.24 McNealy steps down as CEO  Sun Microsystems' Scott McNealy replaced by Jonathan Schwartz, who had served as COO and president

year 2005 Top ^

Dec.15  Google, Microsoft and Sun to fund lab Oct.4  Google, Sun target Microsoft Office Sep.28   Schwarzenegger holds town hall meeting  Gov. got a brief walk-through of Sun Microsystems' headquarters before a meeting of Silicon Valley's brightest minds Jun.2 Sun buys StorageTek for $4.1 billion
  Sun Microsystems has signed a deal to buy the technology firm to become more competitive in business data storage Apr.30 Stock rises on report of sale

year 2004 Top ^

Nov.5 Sun finalizes accounting for settlement
Sep.20 Sun embraces Linux, targets Red Hat Jul.20 4th-quarter profit as sales rise Apr.16  Sun promises MS deal will boost finances Apr.15 Larger-than-expected loss Apr.2 Sun settles with Microsoft, cuts 3,300 job  Struggling server maker reached a sweeping, $1.6 billion settlement and plans to cooperate with its longtime nemesis Jan.15 2nd-quarter loss narrowed; revenues fall

year 2003 Top ^

Dec.15  $291,000 fine for illegal exports to China Sep.30  Sun stock plummets Sep.29 $1.05 billion charge for fiscal 4th quarter
Sep.18 Sun to cut another 1,080 jobs Sep.9  Co-founder, chief scientist to leave Jul.22 4th-quarter revenue falls 13% Jun.26  Sun Lost Appeal on Java Apr.16  Small third-quarter profit Jan.16  $2.3 Billion Loss

year 2002 Top ^

Dec.23  Microsoft Ordered to Carry Sun's Java Oct.17 Sun posts $111M loss, to cut 4,400 jobs  Sun Microsystems will cut 11% of its work force to bring its expenses in line with sales, despite results that beat expectations Oct.1  Feds investigating exports Aug.29 Sun to hit bottom part of revenue Aug.9  Sun Microsystems Loaned $6.3 Million Jul.19 Sun Shares Off 27% Jul.18 Returns to profitability in fourth quarter Jul.9 Pioneer of Gnutella dies at 25  Belmont: Gene Kan, an unofficial spokesman for file-swapping Gnutella, found dead of an apparently self-inflicted gunshot wound Jun.24 Layoffs allegedly favored foreign workers May.1 Sun president stepping down Apr.18  Narrower third-quarter loss Mar.8 Sun sues Microsoft Jan.18  Sun beats expectations

year 2001 Top ^

Oct.18 Sun beats expectations Oct.5 Sun cut 9% of work force  Sun Microsystems lowers earnings outlook and cut 3,900 jobs Oct.3  Sun signs $100million pact with News Sep.12  Sun employee killed in hijacking Jul.31  Sun to cut up to 300 jobs Jul.19 Sun beats expectations May.29 Sun Microsystems lowers forecasts  Revenue in fourth quarter is expected to be between $3.8 billion and $4 billion. Sun to concentrate on Fortune 500 companies Apr.19  Sun earnings fall 73% Feb.26  Sub-$1000 Unix workstation Feb.22  Sun lowers 3rd-quarter earnings Jan.18  Sun meet expectations