Jeffrey W. Ubben, founder of ValueAct Capital Management LP disclosed that his firm owns about $2 billion in Microsoft Corp. stock, about 1 percent of Microsoft’s total shares outstanding. Ubben stated that the value of the software giant’s businesses wasn’t appreciated by other investors. Having his head in the clouds, and in a good way, Mr. Ubben highlighted Microsoft’s effort to transform more of its software onto Web-based software in the cloud. Over three to five years, Ubben said, “Microsoft could be the largest cloud company in the world.”

On today’s Live NewsDesk Show with Kristin Feledy (see live stream below) we’ll be hearing from SiliconANGLE Contributing Editor John Casaretto. What kind of history and reputation does ValueAct have? How has Mr Ubben’s disclosure regarding his firm’s stock ownership, affected investor attitude? What benefit does Microsoft see to these activist-type investors speaking out about the company?

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