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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RE[2]: haha
by abraxas on Sat 15th Sep 2007 16:48 UTC in reply to "RE: haha"
abraxas
Member since:
2005-07-07

I obviously won't miss CEO either, but I do want to add the nuance that I do feel sorry for the people that work there - they might lose their jobs and that's a very sad thing for those people and their families and friends.

I wouldn't be too worried. They are just a shell of a company at this point. Most people left long ago. It's just too bad that it had to end this way because SCO actually had a decent amount of software that still needed support when they decided to become litigators instead of software developers. They've lost their customers now and I don't think they have a chance of getting them back now.

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