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Goodbyes are proverbially hard to say, but Sun Microsystems’ cofounder and chairman Scott McNealy has had no problems.
In an lengthy and emotional email to staff, he signed off by explaining the reasons for the company’s takeover by Oracle.
“To be honest, this is not a note this founder wants to write,” he said. “Sun, in my mind, should have been the great and surviving consolidator. But I love the market economy and capitalism more than I love my company.”
Possibly suggesting that Sun thought of ‘do no evil’ first, he wrote: “Sun did not cheat, lie, or break the rule of law or decency. While we enjoyed breaking the rules of conventional wisdom and archaic business practice, and for sure loved to win in the market, we did so with a solid reputation for integrity.
“Nearly three decades of competing without a notable incident of our folks going off course morally or legally.”
While the $7.4 billion takeover was delayed by an investigation by European regulators, the EC finally gave approval last week.
Oracle looks set to keep investing in Sun’s server range, and will explain its product strategy for the merged company later today.