page_title: Sun Microsystems
section_title: Post-crash focus
hierarchical_section_title: Sun Microsystems / History / Post-crash focus
context_page_description: Sun Microsystems, Inc. was an American company that sold computers, computer components, software, and information technology services and created the Java programming language, the Solaris operating system, ZFS, the Network File System, and SPARC microprocessors. Sun contributed significantly to the evolution of several key computing technologies, among them Unix, RISC processors, thin client computing, and virtualized computing. Sun was founded on February 24, 1982. At its height, the Sun headquarters were in Santa Clara, California, on the former west campus of the Agnews Developmental Center.
  On April 20, 2009, it was announced that Oracle Corporation would acquire Sun for US$7.4 billion. The deal was completed on January 27, 2010.
  Sun products included computer servers and workstations built on its own RISC-based SPARC processor architecture, as well as on x86-based AMD Opteron and Intel Xeon processors. Sun also developed its own storage systems and a suite of software products, including the Solaris operating system, developer tools, Web infrastructure software, and identity management applications. Technologies included the Java platform and NFS.
context_section_description: In 2004, Sun canceled two major processor projects which emphasized high instruction-level parallelism and operating frequency. Instead, the company chose to concentrate on processors optimized for multi-threading and multiprocessing, such as the UltraSPARC T1 processor (codenamed "Niagara"). The company also announced a collaboration with Fujitsu to use the Japanese company's processor chips in mid-range and high-end Sun servers. These servers were announced on April 17, 2007, as the M-Series, part of the SPARC Enterprise series.
  In February 2005, Sun announced the Sun Grid, a grid computing deployment on which it offered utility computing services priced at US$1 per CPU/hour for processing and per GB/month for storage. This offering built upon an existing 3,000-CPU server farm used for internal R&D for over 10 years, which Sun marketed as being able to achieve 97% utilization. In August 2005, the first commercial use of this grid was announced for financial risk simulations which was later launched as its first software as a service product.
  In January 2005, Sun reported a net profit of $19 million for fiscal 2005 second quarter, for the first time in three years. This was followed by net loss of $9 million on GAAP basis for the third quarter 2005, as reported on April 14, 2005. In January 2007, Sun reported a net GAAP profit of $126 million on revenue of $3.337 billion for its fiscal second quarter. Shortly following that news, it was announced that Kohlberg Kravis Roberts (KKR) would invest $700 million in the company.
  Sun had engineering groups in Bangalore, Beijing, Dublin, Grenoble, Hamburg, Prague, St. Petersburg, Tel Aviv, Tokyo, Canberra and Trondheim.
  In 2007–2008, Sun posted revenue of $13.8 billion and had $2 billion in cash. First-quarter 2008 losses were $1.68 billion; revenue fell 7% to $12.99 billion. Sun's stock lost 80% of its value November 2007 to November 2008, reducing the company's market value to $3 billion. With falling sales to large corporate clients, Sun announced plans to lay off 5,000 to 6,000 workers, or 15–18% of its work force. It expected to save $700 million to $800 million a year as a result of the moves, while also taking up to $600 million in charges.
caption: Aerial photograph of the Sun headquarters campus in Santa Clara, California
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