Sun: May the Schwartz Be With You
by John Paczkowski
Posted on April 6, 2009 at 3:11 PM PT
Sun chairman and co-founder Scott McNealy probably has a good joke or two about the way the company’s acquisition discussions with IBM (IBM) have gone down, but he won’t he won’t be relating them as CEO any time soon. That seems to be the word from Sun (JAVA), which this afternoon dismissed speculation that McNealy will replace CEO Jonathan Schwartz in the aftermath of the deal’s collapse. “As a policy Sun does not comment on rumors or speculation,” the company said in a terse statement. “What we can say is that Sun is committed to its leadership team, growth strategy and building value for its shareholders.”
Whether that is a true vote of confidence remains to be seen. Certainly, Yahoo (YHOO) made similar remarks about Jerry Yang during its ill-starred negotiations with Microsoft (MSFT), and we all know how that worked out for him…
Comments
Deja vue all over again all over again.
They had better have a kick-ass line of servers waiting in the wings to be pulling this sort of stunt.
Otherwise, along with their reputation will come a new wave of migration away from Sun equipment.
Now, for who will be the prime beneficiary…
Posted by Mac Beach at April 6th, 2009 at 9:04 pm