Acquisition Brings Back Sun Microsystems Founder - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Business & Finance

Acquisition Brings Back Sun Microsystems Founder

Andy Bechtolsheim, who left Sun in 1995, currently leads Kealia, which develops advanced server technologies.

SAN JOSE, Calif. (AP) -- Sun Microsystems Inc. is buying a privately held firm in a deal that will bring one of Sun's founders back to the company he helped form more than 20 years ago.

Andy Bechtolsheim, who left Sun in 1995 to pursue other business opportunities, currently leads Kealia Inc., which develops advanced server technologies. Sun's acquisition of Kealia is expected to close later this year, the companies said Tuesday. Sun spokeswoman May Petry declined to disclose terms of the deal.

"It is great to have Andy back home at Sun,'' said Scott McNealy, Sun's chief executive and co-founder. "We started the company together while we were at Stanford University over 20 years ago and both of us could not be more excited about working together again.''

Once the acquisition clears regulatory hurdles, Kealia will become a unit of Sun's Volume Systems Products group. Bechtolsheim will become senior vice president and chief architect within that group.

Bechtolsheim, 48, also will be a member of Sun's executive management team.

"I am very excited about being back at Sun and working with Sun to bring the next generation of volume servers, desktops and storage products to market more quickly,'' Bechtolsheim said.

After leaving Sun, Bechtolsheim formed a startup called Granite Systems. It was sold to networking giant Cisco Systems Inc. for $200 million in 1996. He left Cisco late last year.

Little is known about Kealia's technology. The company's Web site lists its Palo Alto address and driving directions to its offices.

Bechtolsheim's return to Sun comes less than a year after the departure of another of its founders, chief scientist Bill Joy.

Sun, once a darling of Silicon Valley, has been struggling as corporate spending on technology declined and competition from its rivals increased.

Also Tuesday, Fitch Ratings downgraded Sun's senior unsecured debt, saying it believes the company will take longer than expected to achieve sustained profitability.

Sun shares rose 2 cents to close at $5.54 Tuesday on the Nasdaq Stock Market.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
2021 State of ITOps and SecOps Report
2021 State of ITOps and SecOps Report
This new report from InformationWeek explores what we've learned over the past year, critical trends around ITOps and SecOps, and where leaders are focusing their time and efforts to support a growing digital economy. Download it today!
InformationWeek Is Getting an Upgrade!

Find out more about our plans to improve the look, functionality, and performance of the InformationWeek site in the coming months.

News
How SolarWinds Changed Cybersecurity Leadership's Priorities
Jessica Davis, Senior Editor, Enterprise Apps,  5/26/2021
Commentary
How CIOs Can Advance Company Sustainability Goals
Lisa Morgan, Freelance Writer,  5/26/2021
Slideshows
IT Skills: Top 10 Programming Languages for 2021
Cynthia Harvey, Freelance Journalist, InformationWeek,  5/21/2021
Register for InformationWeek Newsletters
Video
Current Issue
Planning Your Digital Transformation Roadmap
Download this report to learn about the latest technologies and best practices or ensuring a successful transition from outdated business transformation tactics.
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll