Editing Sun Microsystems (section)

===Post-crash focus===
[[File:Meta HQ 2023.png|thumb|right|Former [[Menlo Park, California|Menlo Park]] campus, now owned by [[Meta Platforms]]]]
[[File:Sun Agnews Campus Bldgs 21 22.jpg|thumb|right|Buildings 21 and 22 at Sun's headquarters campus in Santa Clara]]
[[File:SunCanada.jpg|thumb|right|Sun in [[Markham, Ontario]], Canada]]
In 2004, Sun canceled two major processor projects which emphasized high [[instruction-level parallelism]] and operating frequency. Instead, the company chose to concentrate on processors optimized for [[Multithreading (computer architecture)|multi-threading]] and [[multiprocessing]], such as the [[UltraSPARC T1]] processor (codenamed "Niagara"). The company also announced a collaboration with [[Fujitsu]] to use the Japanese company's processor chips in mid-range and high-end Sun servers. These servers were announced on April 17, 2007, as the M-Series, part of the [[SPARC Enterprise]] series.

In February 2005, Sun announced the [[Sun Grid]], a [[grid computing]] deployment on which it offered [[utility computing]] services priced at US$1 per CPU/hour for processing and per GB/month for storage. This offering built upon an existing 3,000-CPU server farm used for internal R&D for over 10 years, which Sun marketed as being able to achieve 97% utilization. In August 2005, the first commercial use of this grid was announced for financial risk simulations which were later launched as its first [[software as a service]] product.<ref>{{cite press release| url=http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/08-24-2005/0004093251&EDATE=| date=August 24, 2005| title=CDO2 Unlocks The Power of Sun Grid for Faster Financial Risk Simulation| publisher=Sun Microsystems |access-date=2009-12-16 |archive-url=https://web.archive.org/web/20110605125124/http://www.prnewswire.com/news-releases/cdo2-unlocks-the-power-of-suntm-grid-for-faster-financial-risk-simulation-54991327.html |archive-date=2011-06-05}}</ref>

In January 2005, Sun reported a net profit of $19&nbsp;million for fiscal 2005 second quarter, for the first time in three years. This was followed by net loss of $9&nbsp;million on [[Generally accepted accounting principles|GAAP]] basis for the third quarter 2005, as reported on April 14, 2005. In January 2007, Sun reported a net GAAP profit of $126&nbsp;million on revenue of $3.337&nbsp;billion for its fiscal second quarter. Shortly following that news, it was announced that [[Kohlberg Kravis Roberts]] (KKR) would invest $700&nbsp;million in the company.<ref>{{cite press release| url=http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/01-23-2007/0004511496| date=January 23, 2007| title=Sun Microsystems Welcomes Endorsement and Investment From KKR| publisher=Sun Microsystems| access-date=2007-02-15| archive-url=https://web.archive.org/web/20070929132028/http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=%2Fwww%2Fstory%2F01-23-2007%2F0004511496| archive-date=September 29, 2007| url-status=live}}</ref>

Sun had engineering groups in [[Bangalore]], [[Beijing]], [[Dublin]], [[Grenoble]], [[Hamburg]], [[Prague]], [[St. Petersburg]], [[Tel Aviv]], [[Tokyo]], [[Canberra]] and [[Trondheim]].<ref>{{cite web| url=http://www.oecd.org/dataoecd/32/9/37846828.pdf | archive-url=https://web.archive.org/web/20080910041023/http://www.oecd.org/dataoecd/32/9/37846828.pdf | url-status=dead | archive-date=2008-09-10 | title=Offshoring Software Development | type=presentation by Sun to the OECD | first=Pavel |last=Suk |date=2006}}</ref>

In 2007–2008, Sun posted revenue of $13.8&nbsp;billion and had $2&nbsp;billion in cash. First-quarter 2008 losses were $1.68&nbsp;billion; revenue fell 7% to $12.99&nbsp;billion. Sun's stock lost 80% of its value November 2007 to November 2008, reducing the company's market value to $3&nbsp;billion. With falling sales to large corporate clients, Sun announced plans to lay off 5,000 to 6,000 workers, or 15–18% of its work force. It expected to save $700&nbsp;million to $800&nbsp;million a year as a result of the moves, while also taking up to $600&nbsp;million in charges.<ref>{{cite web|first=Ashlee|last=Vance|title=Crisis Hits Tech Sector With Layoffs as Sales Slump|url=https://www.nytimes.com/2008/11/15/technology/companies/15sun.html?_r=1&hp&oref=slogin|work=[[The New York Times]]|date=November 14, 2008}}</ref>