Linked by Thom Holwerda on Fri 14th Sep 2007 21:36 UTC, submitted by dylansmrjones
SCO, Caldera, Unixware Yahoo reports that SCO has filed [.pdf] for bankruptcy in order to protect assets. "The SCO Group today announced that it filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code. SCO's subsidiary, SCO Operations, Inc., has also filed a petition for reorganization. The Board of Directors of The SCO Group have unanimously determined that Chapter 11 reorganization is in the best long-term interest of SCO and its subsidiaries, as well as its customers, shareholders, and employees." Groklaw has a story on it, too.
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Happiness and fulfullment!
by sbergman27 on Sat 15th Sep 2007 03:00 UTC
sbergman27
Member since:
2005-07-24

I've already made one reasonable, if callous post. Now for the fun one:

I'm... So... Happy!!! ;-)

Too bad the whole SCO thing is irrelevant, and has been for some time, though. And it's *really* too bad that the current problem, in reality, is Microsoft and patent FUD.

I fear it will be a while before MS files for Chapter 11. :-(

But... we have to take our pleasures where we can. And watching The SCO Group sink beneath the waves is satisfying enough, for now.

I don't see them emerging from Chapter 11. Protection from their creditors will likely not be enough. Their business is dead. And it's not coming back.

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