One of Microsoft’s top execs, Debra Chrapaty, who heads its infrastructure business, is leaving the software giant to take a top job at Cisco, sources said.

Chrapaty–whose title is corporate VP of Global Foundation Services–is also one of increasingly few top women tech execs at Microsoft, where she has worked for seven years.

Chrapaty will now shift to products at Cisco, running the collaboration software group, according to sources.

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Google CEO Eric Schmidt gave what he just had to know would be a much quoted comment to the Nikkei today, explicitly saying that the company had “begun seriously looking into acquisitions again.”

Music to the beleaguered mergers and acquisitions market, to be sure, especially after a recent uptick from other big companies pulling out their wallets again as the impact of the econalypse subsides.

According to sources, Google is working on at least a half-dozen acquisition deals, most of which are small start-ups in the online advertising and cloud-computing arenas.

That would be welcome news for many.

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This morning, BoomTown was on the very terrific National Public Radio talk show, “On Point,” along with Harvard law professor Jonathan Zittrain.

The program, moderated by Tom Ashbrook on Boston’s WBUR station, was titled “From Desktop to the Digital Cloud” and dealt with the increasing move of data of all kinds online and into the so-called “cloud.”

In other words, eventually, a completely virtual life for music, photos, records and more, and the end of packaged software.

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It’s certainly acquisition fever in Silicon Valley today. After it was announced that Facebook had bought FriendFeed, now comes the news that VMware has purchased SpringSource, a privately held enterprise and Web application development and management cloud computing start-up.

The price? That would be $420 million in cash and stock.

With the purchase of Spring Source, Palo Alto-based VMware–which is a top player in the virtualization space–is adding to its cloud-computing application-management strength and also its ties to the open-source community.

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It’s another packed week for tech, especially in Silicon Valley, where the kibitzing never ends and the econalypse is almost completely ignored.

As if you did not have enough to do, what with all that pointless tweeting, here are some choices for those who want a little analog action, including watching me annoy Facebook’s chief privacy officer, Chris Kelly, who is also trying to become California’s next Attorney General.

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With all the information Microsoft is releasing at its launchtastic Professional Developers Conference in Los Angeles this week, CEO Steve Ballmer sent out a honking long letter to customers who have opted into the software giant’s “Executive Email” program (who knew?).

Along with the Azure–at long last, a lovely and apt brand name from Microsoft–cloud services offering, the letter also outlines the inevitable and unavoidable path for the company, which has long struggled in getting its digital strategy right.

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BoomTown has been lagging in getting up this lovely video I did from a dinner party last Thursday, thrown for NetSuite’s tenth anniversary, which was held at one of billionaire Oracle founder Larry Ellison’s many houses–this one in the tony Pacific Heights section of San Francisco.

NetSuite is one of the pioneers in the broadly termed software-as-a-service space, selling an “integrated web-based business software suite.” Sounds dull? Yep!

But the party was not and, actually, this is an important topic, as businesses actually do begin to embrace the idea of putting themselves increasingly in the so-called cloud.

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Next week in Los Angeles, Microsoft will kick off its Professional Developers Conference, a place the software giant likes to unveil all kind of news in a big launchtastic flourish.

For all the noise, it’s worth paying attention, because Monday’s outlook will be cloudy, as in cloud computing.

The day will include a speech from Microsoft’s Chief Software Architect, Ray Ozzie, and others on, among other topics, its cloud infrastructure service initiatives–designed to match aggressive efforts from Amazon in the space.

But who knows what else is up Microsoft’s sleeve?

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We’re posting all the interviews from the sixth D: All Things Digital conference that took place in late May.

Here’s an interview that Walt Mossberg did with Michael Dell, the founder of the once-high-flying computer company who has returned as its CEO. Dell was forced to resume the role in 2007 after changing market conditions caused the company to falter and competition from Apple, Hewlett-Packard and Sony increased.

This is part three of three parts.

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An unusual Israeli-Palestinian joint venture start-up, which makes a cloud-based Web operating system letting users access their desktops from any computer with an Internet connection, is alleging a trademark violation by Microsoft in its new $300 million advertising campaign.

G.ho.st, which stands for “Global Hosted Operating System,” claims it has a pending trademark registration for the tagline “no walls.”

Microsoft disputes G.ho.st’s contention.

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We’re posting all the interviews from the sixth D: All Things Digital conference that took place in late May.

But–as many readers have requested–they will all be available in their entirety in this column.

In the less contentious spirit of DEMOfall and TechCrunch50, two demo conferences taking place simultaneously this week, we’re happy to bring you all the demos we had onstage at the D6 conference.

Last, but not least: the G.ho.st Web operating system, which lets users access their desktop from any computer with an Internet connection. It’s also the name of a one-of-a-kind joint technology venture between Israelis and Palestinians.

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With all the Yahoo reorganization noise this past week–full of sound and fury, signifying nothing, if you want to go all literary!–BoomTown had little time to post our video on GigaOm’s Om Malik’s Structure 08 conference on Wednesday.

Held at the spanking new Mission Bay Conference Center in San Francisco, it was high-wonk, packed with CTOs and those involved in building the guts of the Internet and its infrastructure, whose jobs are becoming more complicated than ever as Internet usage booms.

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The blogosphere immediately jumped all over the inevitable meme that after the Yahoo deal fell apart, Microsoft CEO Steve Ballmer’s job was at risk.

What with the problems with the new Vista operating system and the general feeling that Microsoft’s Internet strategy is in shambles, the argument that Ballmer would be shown the door by an impatient board and replaced by former CEO and Founder Bill Gates was clear.

Actually, not so such much at all, but that has not stopped all the noise.

Maybe Ballmer should go and maybe not, but I would like some proof that’s not in evidence as yet.

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