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Mark Logic Secures $12.5 Million in Additional Funding
Mark Logic Corporation has announced that it has closed a $12.5 million round of financing, led by Sequoia Capital and including participation from Tenaya Capital. The capital will be used to fund the company's continued growth in sales channels, international expansion, and new vertical market development. Mark Logic operates in both North America and Europe and has over 150 customers, 120 employees, and 60 partners. Over 450 people attended the company's annual user conference held recently in San Francisco.read more
SCO rises from the dead (Computerworld)
Steven J. Vaughan-Nicholsreports that bankrupt SCO may have a buyer."I've never been a fan of horror-movie series where no matter what happens to the baddie, such as Jason Voorhees from the Friday the 13th movies, he's up and ready to kill again in the next sequel. So, you can imagine just how pleased I am to see that SCO, just when it looked like it was dead as a doornail, came up with a buyer at the 11th hour and 59th minute.According to reports on Groklaw, Gulf Capital Partners LLC, a group formed by Stephen Norris of Stephen Norris & Co. Capital Partners, a private-equity firm, has offered to buy SCO, just as the company faced the end of the bankruptcy road. If the deal is real and goes through, SCO's nearly dead Unix business will continue, and, oh the pain of it all, so will its zombie-like lawsuits against IBM, Novell, and other Linux companies."
Harald
Harald Welte writes about progress in creating an open GSM mobile telephone protocol implementation on his blog."So, just to be clear on this: Neither OpenEZX, nor gnufiish nor Openmoko were ever about writing Free Software for the GSM baseband processor, i.e. the beast that exchanges messages with the actual GSM operator network. But this is what we're working on right now.[...]It's about time, don't you agree? after 19 years of only proprietary software on the baseband chips in billions of phones, it is more than time for bringing the shining light of Freedom into this area of computing."
Mithras Suggests Microsoft Buys Yahoo For $22 a Share
Mithras Capital, an investment fund that, poor thing, owns 1.9 million shares of Yahoo, which amounts to a fractional percentage in the company, has suggested that Microsoft buy the joint for $22 a share, these days something like a 60% premium to its bombed-out stock price, then sell off Yahoo’s Asian and non-search interests, cut costs by $3 billion and get $2.8 billion in tax benefits. read more
3Leaf Systems’ CTO Bob Quinn to Speak at the 2008 Virtualization Conference & Expo East
3Leaf Systems announced that Bob Quinn, chairman, founder and chief technology officer, will present at the 2008 Virtualization Conference & Expo East being held June 23-24 at the Roosevelt Hotel in New York. This engagement is part of 3Leaf's strategic vision to bring dynamic server resource allocation and utilization to enterprise data centers while lowering capital and operating costs with its Virtual Compute Environment (VCE) infrastructure, announced in April 2008.read more
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