y Company, with 7.1%, and Janus Capital Corporation, which owns 6.2%. Thus, these three sources control 16.9% of all Sun Microsystems shares.
Founded in February 1982, Sun Microsystems, Inc., is a prominent supplier of network-based computing systems based in Mountain View, California; it has 19,356 employees. Among the more prominent of the firm’s products are workstations, servers, the UNIX operating system, and a variety of productivity software; the products have both commercial and technical application. Sun Microsystems’ products are marketed in 130 countries; international sales accounted for 51% of the firm’s total revenues in 1996.
Today, Sun is a world-leading provider of award winning products, services and support solutions for building and maintaining network, computing environments. Sun is structured as a group of six discrete business units to better expedite innovation and provide world-class support for its international base of clients. Each produces open-standard products and services for commercial and technical computing. The firm’s distinctive organizational architecture combines with a commitment to technical excellence to provide the firm with record growth. Earnings of more than $7 billion were recorded during fiscal (July 1-June 30) 1996.
Since its inception, Sun Microsystems has developed an entrepreneurial and progressive culture, which has strengthened its position as an industry leader. Because of its commitment to innovation, the firm has created several groundbreaking technologies; prominent among these are: JavaTM, JavaChipTM, SolarisTM and UltraTM EnterpriseTM desktop workstations and servers. As a pacesetter in Internet technology and applications,
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