Founded | 1996 |
---|---|
Founder | Vivek Mehra |
Defunct | December 7, 2000 |
Fate | Acquired by Sun Microsystems |
Headquarters | Mountain View, California |
Revenue | $22 million (1999) |
-$23 million (1999) | |
Total assets | $151 million (1999) |
Total equity | $130 million (1999) |
Number of employees | 140 (1999) |
Footnotes / references [1] |
Cobalt Networks was a maker of low-cost Linux-based servers and server appliances based in Mountain View, California. The company had 1,900 end user customers in more than 70 countries.[1]
During the dot-com bubble, the company had a market capitalization of $6 billion despite only $22 million in annual revenue.
In 2000, the company was acquired by Sun Microsystems and in December 2003, Sun shut down the Cobalt product line.[2]
Cobalt was considered a pioneering server appliance vendor, the first to market a 1 RU rackmounted server, and was credited by the founder of RLX Technologies as paving the way for blade servers.[2]
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