The U.S. Securities and Exchange Commission (SEC) reported Barclays Global Investors has bought enough Sun stock to take a 3.18 percent share in the company. This move followed on the heels of Sun's largest shareholder Southeastern Asset Management's decision to increase its stake in Sun from 21.5 percent to 22.3 percent. These SEC filings were completed during the first full week of February, reported Dawn Kawamoto for CNET News.
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Rahul N. Merchant will be taking a seat on Sun's Board of Directors, the company announced, noting the former EVP, CIO, and executive committee member of Fannie Mae has managed some of the world's largest technology budgets and has first-hand knowledge of Sun's products and innovation roadmap. Merchant was nominated to join Sun's Board as part of the previously announced agreement with Southeastern Asset Management, Inc. to add two new independent members to Sun's Board of Directors.
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By accessing the web logs, we have determined that the following
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Part 1 of 3
Sun Microsystems, Sun/NetApp Litigation, Jonathan Schwartz, Servers, Blade Servers, Intel Servers, AMD Servers, SPARC CMT, SPARC64 Servers, Green, Datacenter, Storage, Tape and VTL, ZFS, Open Storage
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Each month Sun Marketing publishes the "Good News" about Sun. This month there are 19 items and three groups:
Customers Choose Sun: MySQL, Sun Startup Essential program, Sun Fire Servers, Sun Blade Modular Systems, Sun Secure Global Desktop Software, Sun GlassFish Enterprise Server, Solaris 10, Sun StorageTek Arrays and Modular Library Systems
Leading Market Conversations: Open Storage, Cloud Computing, JavaFX, Disk Storage Systems Sales, Magic Quadrant for Web Access Management, Sun's Strategies and Innovation, Asia's Top Tech Index, Financial Performance
Product Reviews Underscore Innovation: MySQL 5.1, OpenSolaris 2008.11, JavaFX, Sun xVM VirtualBox, OpenOffice.org 3.0
A two-page PDF of the "Good News" from Sun is available in English and several other languages.
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Two new independent members will be added to Sun’s Board of Directors following approval from both Sun and Southeastern Asset Management. Southeastern Asset Management is Sun’s largest shareholder with approximately 162 million shares or 22 percent of the company’s common stock.
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