Acquisition By Oracle
Sun was sold to Oracle Corporation in 2009. Sun's staff were asked to share anecdotes about their experiences at Sun. A web site containing videos, stories, and photographs from 27 years at Sun was made available on September 2, 2009. In October, Sun announced a second round of thousands of employees to be laid off, blamed partially on delays in approval of the merger. The transaction completed in early 2010. In January 2011 Oracle agreed to pay $46 million to settle charges that it submitted false claims to US federal government agencies and paid "kickbacks" to systems integrators. In February 2011 Sun's former Menlo Park, California campus of about 1,000,000 square feet (93,000 m2) was sold, and it was announced that it would become headquarters for Facebook. The sprawling facility built around an enclosed courtyard had been nicknamed "Sun Quentin". On September 1, 2011, Sun India legally became part of Oracle. It had been delayed due to legal issues in Indian court.
Read more about this topic: Sun Microsystems
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