Raise the Yangtanic Again! Sun/IBM Gets New Tech Metaphor Thrown at It (Also Not So Currie-licious?)
BoomTown is not going to go all servers and Solaris on you, as I am leaving the complicated details of the collapsed IBM (IBM) bid for Sun Microsystems (JAVA) to Digital Daily’s John Paczkowski to sort out.
But perhaps the best headline and first sentence of the plethora of stories about the $7 billion buyout debacle, which seems sure to get horribly messy now, is from Andy Greenberg of Forbes.com:
The headline: “Sun May Be Pulling A Yahoo!”
And lede: “Sun Microsystems is facing its Jerry Yang moment.”
I wonder if every failed tech merger with a squabblefest and a board in chaos will now be accused of blowing it, as most think the Yahoo (YHOO) co-founder and former CEO Yang did in rejecting the $41 billion offer from Microsoft (MSFT).
In an interesting aside, speaking of the chaotic Sun board, one of its members is none other than Peter Currie.
Currie (pictured here) just inherited another potential mess over at Facebook, when he agreed to step in to take over as a financial adviser to the social-networking site, which abruptly replaced CFO Gideon Yu last week.
Sounds like Currie, the former Netscape CFO and investor–who knows from unnatural disaster from his long years in Silicon Valley–has his hands full now.