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New Sun CEO starts by giving it away
In his first major public move as Sun Microsystems' CEO, Jonathan Schwartz has announced at the JavaOne Conference in San Francisco that the company will "open source" its popular Java software. At Slashdot, the online hub of the open-source faithful, the long-awaited news touched off a torrent of commentary, with reactions varying from pleased to skeptical and indifferent. While Java represented a small fraction of Sun's overall revenues, VNUNet says that Schwartz is hoping the decision will build market momentum for the beleaguered company by winning support in the developer community. As with other open-source software vendors, Sun is also hoping that revenues from services and support will replace any lost software-licensing revenues. But Wall Street is likely to view that prospect with some skepticism.
Posted by Oliver Ryan 10:45 AM 0 Comments comment | Add a Comment

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