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Maureen O'Gara

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Top Stories by Maureen O'Gara

After joining with Southeastern Asset Management in signing an open letter to Dell’s special board committee – which is wrestling with Michael Dell’s offer to pay $13.75 a share, 10 cents more a share, to change how the stockholders vote on his leverage buy-out offer is counted – telling the special committee he expected them to tell Michael Dell “no” – activist investor Carl Icahn wrote another open letter to Dell shareholders characterizing Michael Dell as a “whining” “sore loser” and major corporate “liability” and castigating the Dell board for “making a mockery of what little is left of corporate democracy at Dell.” He tells them that “If my past record is any indication, I believe you will be happier and richer if you join me in voting against the Michael Dell/Silver Lake deal....It is time for Michael Dell and the Dell Board to go.” Dell stock, which closed... (more)

Zendesk Pulls in $60 Million

Zendesk, the cloud-based help desk, has gotten $60 million in added financing split between $45 million in equity and $15 million in debt. That gives it a total of $70.5 million in equity backing since it started in 2007. Redpoint Ventures led the D round. New investors include Index Ventures, GGV Capital and Goldman Sachs. Existing investors Charles River Ventures, Benchmark Capital and Matrix Partners also kicked in. Silicon Valley Bank is providing the debt financing. The start-up wanted the money for global expansion, talent and development. It's rebuilding its widgetry from... (more)

Upstart Seeks To Overthrow OpenOffice

Softmaker Software GmbH, a German Office wannabe, has taken out after open source darling OpenOffice, saying it’s not good enough to score against Microsoft and proposing its own widgetry as a substitute. The company has just put out a public beta of its Software Office 2008 for Linux, which includes what it calls a Word-compatible word processor, TextMaker, an Excel-compatible spreadsheet, PlanMaker, and a new PowerPoint alternative, Presentations. Softmaker faults OpenOffice as slow, and says its Microsoft file format compatibility is dicey and its user interface crowded. It c... (more)

Jobs to Intro iCloud

Although on medical leave since January, Steve Jobs is scheduled to turn up for Apple's Worldwide Developers Conference (WWDC) on June 6. Apple said Tuesday morning that Jobs "and a team of Apple executives will kick off" the conference with a "keynote address" covering Lion, the next Mac OS X; iOS 5, its next iPad, iPhone and iPod operating system; and iCloud, which Apple's press release identifies as its "upcoming cloud services offering." iCloud is widely believed to be or include a cloud-based music-streaming locker that's bigger and better and more popular with the record l... (more)

Nutanix Fields Next-Gen Software-Defined Data Center Widgetry

Nutanix, a cloud hardware start-up that's offering a hybrid scale-out compute-cum-storage appliance backed by $72 million in VC funding only half of which is reportedly spent, has put out next-generation software-defined data center products. It's updating its server hardware and its software to deal with divergent workloads. It's going to a quad-node box made by Quanta and should be able to support 400 VMs per chassis, up from 300. It's got VM-centric disaster recovery, adaptive compression and a new highly configurable hardware platform. The widgetry includes Nutanix OS 3.0 and... (more)