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: sco
by meianoite on Fri 14th Sep 2007 22:07 UTC in reply to "sco"
Member since:

it's terrible to see that once a great company is being ruin by a bunch of fools.


Since Ray Noorda become incapacitated to run the companies it's been only downhill to Caldera (and later SCO, when one bought the other).

Alzheimer's sucks big time.

Reply Parent Score: 5