When it comes to Silicon Valley real estate, Sun Microsystems has always been a leader – regardless of its financial situation.
The company actually set a record by paying $85m back in 2002 to get out of a lease contract for some prime real estate in San Francisco shortly after internet bubble burst.
The company has several prominent corporate campuses in the area. A former insane asylum in Santa Clara acts as its corporate headquarters – chief executive Scott McNealy used to have his office in the bell tower looking out over his lands like a medieval king, but has since moved to the Menlo Park campus.
But the server and software vendor is now getting rid of most of its Sunnyvale campus.
The company has shed 6 million square feet in office space between 2002 and 2005, and is set to lose another 0.8m by the end of June, Cnet reports from the firm's annual analyst conference.
Sun campus or nut-house... what changed?
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