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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A great move
by robertojdohnert on Sat 16th Feb 2008 14:24 UTC
robertojdohnert
Member since:
2005-07-12

If SCO has no chance and IF Linux indeed doesn't violate Unix IP, then they will die. For right now, sit back and enjoy the show. I dont trust Novell and as always I will wait for this thing to go to court and come to a conclusion based on fact, not on a decision based on demonizing of a company

Reply Score: 1

RE: A great move
by sbergman27 on Sat 16th Feb 2008 16:10 in reply to "A great move"
sbergman27 Member since:
2005-07-24

I will wait for this thing to go to court and come to a conclusion based on fact, not on a decision based on demonizing of a company


Oh, come on. How much evidence do you need? Judge Dale Kimball, after giving SCO every benefit of every doubt, and all the rope they have asked for, has already expressed surprise that with all of that, they have failed to produce any credible evidence to support their cases.

Legal protocol must be observered, of course. But you are being unreasonable, IMO, to reserve forming any opinion, given the dearth of evidence which SCO has been able to produce in 5 years of legal proceedings. Being cautious is one thing. But one can be so overly cautious as to cross the line into irrationality.

Reply Parent Score: 2