Linked by Thom Holwerda on Thu 6th Mar 2008 16:21 UTC, submitted by SReilly
SCO, Caldera, Unixware The SCO Group plans to emerge from Chapter 11 soon and revealed that not only will it modify its business strategy towards mobile products, it will also replace chief executive officer Darl McBride and pick up the Linux and Unix license lawsuits against IBM and Novell. The new owner of The SCO Group, investment firm Stephen Norris Capital Partners, is planning to open a new chapter in SCO's Linux lawsuit history, which started back in March of 2003 when the company filed a USD 1 billion suit against IBM. As part of its plan organization, SCO announced that it will appeal the proceedings, which will begin with an appeal against a key decision in favor of Novell from August 10, 2007, which also impacts the lawsuit against IBM.
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And I thought it was all over.
by SReilly on Thu 6th Mar 2008 17:19 UTC
SReilly
Member since:
2006-12-28

It just goes to show that some people never learn.

SCO's focus on the mobile space would be a shrewed move if they actually had anything to offer. Over the last few years, especially since McBride, SCO haven't actually produced anything worthy of investor interest, so I don't understand why SNCP would gamble that cash on appealing a technicality in the Novell case.

What is really interesting, at least for me, is that SCO are only getting $5M, the other $95M is optional over the next 5 years and comes with a 17% over prime price tag attached. So what do they do? Instead of using that sum to try and get a descent revenue stream going, they decided to fire the guy who got them into this in the first place and then continue fighting the case that almost bankrupted them! WTF!

It just doesn't make sense to me, unless SNCP have something else in mind for SCO.

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