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Sun's initial public offering was in 1986 under the stock symbol SUNW, for Sun Workstations (later Sun Worldwide). [14] [15] The symbol was changed in 2007 to JAVA; Sun stated that the brand awareness associated with its Java platform better represented the company's current strategy. [16]
A rusting Sun Microsystems van as seen at the Oracle-acquired Santa Clara, California campus in 2016. Several notable engineers resigned following the acquisition, including James Gosling, the creator of Java (resigned April 2010); Tim Bray, the creator of XML (resigned February 2010); Kohsuke Kawaguchi, lead developer of Hudson (resigned April 2010); and Bryan Cantrill, the co-creator of ...
The company's stock ceased trading on the Nasdaq effective on the same date. [9] [10] [8] On 27 October 2021, Informatica again became publicly traded with the INFA stock symbol, this time listed on the NYSE, opening at $27.55 per share. [11] In June 2023 Informatica acquired Privitar, a data management tool. [12]
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The Dow Jones Industrial Average flashed a 60-point gain yesterday driven higher by the tech sector and its old dynamic duo, Microsoft and Intel, the "Wintel" team from when PCs still ruled the world.
With 80% of all the stocks on the NYSE and Nasdaq exchanges recording gains on Monday as the Dow Jones Industrial Average jumped 166 points on hopes a fiscal deal could be reached in Washington ...
The company's stock price skyrocketed during the dot-com bubble and closed at an all-time high of US$118.75 in 2000; [14] however, after the dot-com bubble burst, it reached an all-time low of US$8.11 in 2001. [15] Yahoo! formally rejected an acquisition bid from the Microsoft Corporation in 2008. [16]
The markets rallied after Europe's leaders agreed to work on the structural problems that caused their sovereign debt crisis. But just because your stock strapped on a rocket pack and went higher ...