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.
Permalink for comment 271481
To read all comments associated with this story, please click here.
RE[3]: haha
by rhyder on Sat 15th Sep 2007 09:39 UTC in reply to "RE[2]: haha"
Member since:

"For the CEO, it think it will be a little harder for him to get a new job. Maybe the register at Wall-mart. "

This is the computer industry. He's mucked things up for a massive company. I'm sure he'll soon have a new, cushy position. I hear they need some help over at Amiga Inc, for example.

Reply Parent Score: 1