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Michels Quits as Tarantella CEO

Michels Quits as Tarantella CEO

Doug Michels has stepped down as president and CEO of Tarantella Inc, the Citrix wannabe successor company to the Santa Cruz Operation, replaced by the former CEO of Ravisent Technologies Inc., Frank Wilde. Wilde is bringing money in with him.

The old SCO became Tarantella after it sold its Unix business to Caldera International and Caldera christened itself the SCO Group, currently the most despised company in the industry.

Michels started the original SCO 20-odd years ago with his late father Larry Michels. The old SCO was an important Unix-on-Intel pioneer that ultimately bought Unix from Novell, which had got it from AT&T, and, well, snatched defeat from the jaws of victory.

Michels might be considered the author of the industry's current travails since he sold Unix and whatever IP rights the courts eventually decide it has to the SCO Group.

Who knows, some day they may erect statues to him for inadvertently opening the much-needed debate on property rights and those civilizing little things called patents, copyrights, trade secrets, and derivative products.

Tarantella says Michels will remain on the board and be a strategic advisor to the company. Michels, Wilde and Tarantella senior executive Alok Mohan have asked to get a "substantial" part of their compensation next year in the form of restricted stock rather than cash.

The company says it cleared $2.75 million in new investment from a private placement of common stock and warrants picked up by Special Situations Technology Funds, an existing investor, as well as Wilde's private investment group and a mystery private investor.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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