Linked by Thom Holwerda on Thu 14th Feb 2008 21:06 UTC
SCO, Caldera, Unixware Having almost disappeared completely late last year, SCO says it has been resuscitated by a new financing plan. Under the terms of the deal, Stephen Norris Capital Partners and "its partners from the Middle East" will supply up to $100 million, enabling SCO to reorganize and launch a new series of products. SNCP will gain a controlling interest in the company, and take it private, allowing it to slip out of Chapter 11 bankruptcy protection. Update: As part of the reorganisation, Darl McBride will be let go. Buried in the proposed MOU (Memorandum of Understanding) between Unix vendor and Linux litigator SCO and SNCP is the note that "upon the effective date of the Proposed Plan of Reorganization, the existing CEO of the Company, Darl McBride, will resign immediately."
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Can't they just let it die?
by aesiamun on Thu 14th Feb 2008 21:15 UTC
Member since:

What does SCO offer as a product? They've lost the lawsuits they brought forward to IBM, are being sued by Novell, what's left?

I'm expecting more lawsuits from them now that they have $100M to continue forward.

BTW what other investments has this company made in companies? I'd be interested in seeing a list.

Reply Score: 8

kamil_chatrnuch Member since:

i think, the (only) interesting part of their product portfolio is the mobile part.

more on:

Reply Parent Score: 2

autumnlover Member since:

What does SCO offer as a product?

Maybe they should became a hardware company and contact mr. Bill McEwen to discuss their involvement in releasing that "new hardware" for him ? ;-)

Reply Parent Score: 1

RE: Can't they just let it die?
by glarepate on Fri 15th Feb 2008 19:19 in reply to "Can't they just let it die?"
glarepate Member since:

They lost 20% of their sales when they sued IBM and IBM then stopped carrying their OS.

Reply Parent Score: 1