Cobalt Networks

[1] During the dot-com bubble, the company had a market capitalization of $6 billion despite only $22 million in annual revenue.

[2] The company was founded in 1996 by Vivek Mehra as Cobalt Microserver.

[5][6] In September 2000, Sun Microsystems announced the acquisition of the company for $2 billion in stock.

Many disgruntled engineers left the company in the months following the acquisition.

[8] In December 2003, Sun shut down the Cobalt product line.

Cobalt RaQ 2