KKR Likes Sun Micro

The move is not about replacing microprocessors, Schwartz said on the call, but about getting access to markets and growing the business.

"The steady increase in adoption of our key developer platforms, the outstanding performance of our systems group, coupled with yesterday's endorsement of Solaris by Intel and today's landmark investment by KKR Private Equity Investors, L.P., are all validation of our momentum, and key drivers behind our push towards sustained growth and profitability," Schwartz said in a statement.