It’s not as if Sun Microsystems did something as dramatic as change its
name, but the news that it will change its stock ticker symbol from SUNW to JAVA left some
observers baffled, if not angry.
Sun CEO Jonathan Schwartz made the
announcement yesterday on his blog, noting the switch from SUNW to JAVA for its NASDAQ stock ticker is a
reflection of Java’s ubiquitous reach.
“Java touches nearly everyone —
everyone — who touches the internet. Hundreds of millions of users
see Java, and see its ubiquitous logo, every day. On PCs, mobile phones,
game consoles – you name it ..” he said in the blog post.
He also said, “SUNW represents the past, and it’s not without a nostalgic
nod that we’ve decided to look ahead.”
The Sun name is an acronym for Stanford University Network (Sun’s
founders built the company’s first workstation while at Stanford). Schwartz
made it clear Sun has no plans to change the company name or in any way
de-emphasize systems and hardware — from which it derives most of its
revenue.
But with its numerous software initiatives in the mix, he said a
description of the company can no longer be limited to one category, such as
workstations.
The feedback on Schwarz blog was, however, largely critical:
As a Sun investor I see this as a horrible idea. Not many people know
that what the W in SUN stands for, and it really doesn’t matter. What does
matter is JAVA is more of a limiting factor than this illusion of infinite
possibilities, Java is only a single platform and not representative of all
of your wonderful products. SUNW allows for more possibles instead of being
known as only the Java company. This is a sad day. 🙁
Another wrote:
This strikes me as silly. I had hoped it was some kind of joke, but I
looked at the calendar, and it’s not April 1st. The name of the company is
Sun, and it makes a wide variety of products. Java is one of them, and it’s
an important one. But why pick just one and make it the ticker name?
But there were a few positive comments, such as this one:
Beautiful move – no other IT company have a so good name to apply. The
Java brand have a great international appeal, and this is the stock name,
not company name. This is all about technology as a service, and shows the
company confidence on the Internet and the future of the internetworking. If
10+ years ahead some other technology have changed the face of the world a
new brand will be welcome..
The last significant name change in tech came earlier this year when
Apple went from Apple Computer to Apple, Inc. CEO Steve Jobs said the
name change better reflected Apple’s broad product portfolio, which now
includes music players and mobile phones.
This article was first published on InternetNews.com.
Ethics and Artificial Intelligence: Driving Greater Equality
FEATURE | By James Maguire,
December 16, 2020
AI vs. Machine Learning vs. Deep Learning
FEATURE | By Cynthia Harvey,
December 11, 2020
Huawei’s AI Update: Things Are Moving Faster Than We Think
FEATURE | By Rob Enderle,
December 04, 2020
Keeping Machine Learning Algorithms Honest in the ‘Ethics-First’ Era
ARTIFICIAL INTELLIGENCE | By Guest Author,
November 18, 2020
Key Trends in Chatbots and RPA
FEATURE | By Guest Author,
November 10, 2020
FEATURE | By Samuel Greengard,
November 05, 2020
ARTIFICIAL INTELLIGENCE | By Guest Author,
November 02, 2020
How Intel’s Work With Autonomous Cars Could Redefine General Purpose AI
ARTIFICIAL INTELLIGENCE | By Rob Enderle,
October 29, 2020
Dell Technologies World: Weaving Together Human And Machine Interaction For AI And Robotics
ARTIFICIAL INTELLIGENCE | By Rob Enderle,
October 23, 2020
The Super Moderator, or How IBM Project Debater Could Save Social Media
FEATURE | By Rob Enderle,
October 16, 2020
FEATURE | By Cynthia Harvey,
October 07, 2020
ARTIFICIAL INTELLIGENCE | By Guest Author,
October 05, 2020
CIOs Discuss the Promise of AI and Data Science
FEATURE | By Guest Author,
September 25, 2020
Microsoft Is Building An AI Product That Could Predict The Future
FEATURE | By Rob Enderle,
September 25, 2020
Top 10 Machine Learning Companies 2021
FEATURE | By Cynthia Harvey,
September 22, 2020
NVIDIA and ARM: Massively Changing The AI Landscape
ARTIFICIAL INTELLIGENCE | By Rob Enderle,
September 18, 2020
Continuous Intelligence: Expert Discussion [Video and Podcast]
ARTIFICIAL INTELLIGENCE | By James Maguire,
September 14, 2020
Artificial Intelligence: Governance and Ethics [Video]
ARTIFICIAL INTELLIGENCE | By James Maguire,
September 13, 2020
IBM Watson At The US Open: Showcasing The Power Of A Mature Enterprise-Class AI
FEATURE | By Rob Enderle,
September 11, 2020
Artificial Intelligence: Perception vs. Reality
FEATURE | By James Maguire,
September 09, 2020
Datamation is the leading industry resource for B2B data professionals and technology buyers. Datamation's focus is on providing insight into the latest trends and innovation in AI, data security, big data, and more, along with in-depth product recommendations and comparisons. More than 1.7M users gain insight and guidance from Datamation every year.
Advertise with TechnologyAdvice on Datamation and our other data and technology-focused platforms.
Advertise with Us
Property of TechnologyAdvice.
© 2025 TechnologyAdvice. All Rights Reserved
Advertiser Disclosure: Some of the products that appear on this
site are from companies from which TechnologyAdvice receives
compensation. This compensation may impact how and where products
appear on this site including, for example, the order in which
they appear. TechnologyAdvice does not include all companies
or all types of products available in the marketplace.