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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not the end just yet
by pixel8r on Mon 17th Sep 2007 03:57 UTC
Member since:

although I wish it was...

Mandrake (now Mandriva) filed for chapter 11 some years back. They are still with us and doing reasonably well I think, which is good news in this case.

I do feel that SCO will become little more than a faint memory after a few years however...

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