Departing Sun Co-Founder to Employees: “Kick Butt and Have Fun!”

With European Commission approval of its $7.4 billion buyout by Oracle in hand, Sun’s leadership is saying its goodbyes. Last week, we heard from Sun CEO Jonathan Schwartz, who–as I reported yesterday–will soon resign his position. Today, it’s Sun co-founder Scott McNealy who is bidding farewell. Sources close to the company tell me that he too will leave Sun following the close of Oracle’s $7.4 billion buyout. His all-hands memo to employees after the jump.

Exclusive: Sun CEO Set to Resign

If Sun CEO Jon Schwartz’s recent all-hands memo to employees had all the sentimentality of a farewell letter, it’s likely because he’s preparing to leave the company. Sources close to Sun tell me Schwartz will soon resign as CEO, leaving the company in the hands of new owner Oracle and its very profit-minded leadership.
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EU Objects to Oracle-Sun Deal

The European Commission today issued a so-called Statement of Objections over Oracle’s proposed acquisition of Sun Microsystems. Disclosed in a regulatory filing by Sun, the document gives formal voice to the EC’s concerns over the fate of Sun’s open-source MySQL database.

Ellison: By MySQL, I Mean Larry’s SQL

Though some analysts claim otherwise, MySQL is an asset, not baggage, and Oracle has no plans to unload it. Nor does the company think it will be forced to win regulatory approval for its proposed purchase of Sun Microsystems. “No, we’re not going to spin [MySQL] off,” Oracle CEO Larry Ellison told attendees of a Churchill Club event in Silicon Valley Monday evening.
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DOJ Rachets Up Microhoo Review

Oracle: IBM, Come Out to Play-ee-ay

Oracle has a message for CIOs concerned about its plans for Sun’s hardware, Solaris and SPARC businesses: Relax. In a full-page ad published in The Wall Street Journal today, the database giant made a very public commitment to all of them.
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All in Favor of Putting Sun Out of Its Misery, Say Aye

The shareholders of Sun Microsystems have given the thumbs-up to the company’s merger agreement with Oracle. At a special meeting Thursday, a 62 percent majority of Sun’s common stock owners–not including CEO Jonathan Schwartz and board chairman and co-founder Scott McNealy, who, oddly, did not attend–approved the deal.

Oracle CEO to IBM, HP: Don't Get Your Hopes Up. We're Keeping Sun's Hardware.

Larry Ellison’s got some news for skeptics predicting Oracle will dump the Sun Microsystems hardware business when its $7.4 billion acquisition of the company closes: It’s not gonna happen. In an interview with Reuters subsequently filed with the SEC, the Oracle CEO said he plans to maintain that part of Sun’s business.
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Oracle CEO to IBM, HP: Don’t Get Your Hopes Up. We’re Keeping Sun’s Hardware.

Larry Ellison’s got some news for skeptics predicting Oracle will dump the Sun Microsystems hardware business when its $7.4 billion acquisition of the company closes: It’s not gonna happen. In an interview with Reuters subsequently filed with the SEC, the Oracle CEO said he plans to maintain that part of Sun’s business.
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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 bid for Sun Microsystems to Digital Daily’s John Paczkowski to sort out. But 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 Yahoo co-founder and former CEO Jerry Yang did in rejecting the $41 billion buyout offer from Microsoft. And former Netscape CFO Peter Currie certainly has his hands full–he is on the Sun board and also just signed up to be the financial adviser to Facebook, after it abruptly parted ways with its former CFO.
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