During an employee Webcast earlier this week to discuss Intel's stock options program, the chip giant's CEO, Paul Otellini, shed a little background on Sun Microsystems' pursuit to find a buyer.
When queried by an employee about his thoughts regarding an IBM-Sun merger and whether Cisco's recent announcement about entering the storage market drove Sun to find a buyer, Otellini said:
Oh, I don't know if the Cisco entry spurred IBM. I think (a) cheap Sun price--a low price--spurred a lot of interest. I can tell you that Sun was shopped around the valley and around … Read more