imagesSun Microsystems chief executive Jonathan Schwartz will be leaving the company after its 7.4 billion-with-a-b-dollars acquisition by Oracle is completed. No surprise, but All Things Digital reporter John Packzowski claims Sun insiders have confirmed Schwartz’s departure plan. His recent all-hands email “had all the sentimentality of a farewell letter,” Paczkowski observed. If you didn’t notice, the first letters of the message’s first seven paragraphs spell B-E-A-T I-B-M.

Schwartz, who came to Sun in 1996, replaced legendary loudmouth CEO Scott McNealy in 2006. General consensus was that Schwartz was brought in to get done what McNealy couldn’t bear to do himself: Lay off a whole lot of people and sell the company, whose hot-rod workstations, servers, and Java technology could no longer compete against IBM from above and cheap PCs from below. Schwartz took a lot of guff from angry-man journalist Dan Lyons, aka Fake Steve Jobs, who nicknamed the ponytailed Schwartz “My Little Pony.” But in the end, hey: Mission Accomplished.

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