one of the major participants in the lawsuits, died of suicide in March 2005, less than a week after the settlement was reached. Looking at the whole situation, the CEO of Altiris, once a Canopy company, said, "Is this a tragedy or not? Ray Noorda and Canopy ... were key to our success. In 1998, they took the risk and invested in a little company out in Lindon, Utah, when [others] would not." Subsequent activities Following Yarro's removal from the Canopy Group, Canopy subsequently appointed John Noorda and Andy Noorda, Ray Noorda's sons, to the Canopy Board of Directors. Following those appointments, John Noorda and Andy Noorda assumed control of the Canopy Group. William Mustard took over as CEO of the Canopy Group. However, there was little public activity for the next year or so, and companies with Canopy investments were unsure of what the future held. There were doubts expressed by some industry observers that the Canopy Group would even survive. The Canopy Group at one point owned a 5.7 percent stake in Trolltech, the company which developed the Qt toolkit. After a round of investments, they withdrew those investments. Canopy also divested itself of interests in Altiris by 2005. They then hired Ron Heinz of Canopy portfolio company Helius, a provider of satellite Internet technology, as managing director. Prior to his stint at Helius, Heinz was formerly the head of North American Sales for Novell and was responsible for building one of the Canopy Group's profitable ventures. Brandon Tidwell became the other managing partner. Under this new leadership, the group looked to revitalize its portfolio, take a more public role towards early seed funding, and actively invest in Utah high technology companies and their development again. Accordingly, around 2006, Canopy Venture Partners was created. This entity launched the Canopy Ventures I portfolio of companies, which invested in software and other technology companies in the Web 2.0 and network security spaces among others. In September 2006 the Canopy Group made a major investment in Solera Networks, a network security forensics firm founded in 2004 and headed by former Caldera and Lineo co-founder Bryan Sparks; it was the first investment of any significance that Canopy had made in two years. Ray Noorda died in October 2006 after his long battle with Alzheimer's. By then, the Canopy Group had invested in a total of over a hundred start-up companies. And it