SCO Revives with USD 100 Million Investment
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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tomcat
Member since:
2006-01-06

You're right, of course. But sometimes the universe has a way of doling out justice in a circuitous way. Wouldn't surprise me if Darl doesn't have an unplanned meeting with Rod Serling in his future. And *that* would be an eppisode that I would most certainly want to tape.


I can almost picture that episode. Darl discovers that no computer will *ever* allow him to login. ;-)

But aside from that... I wonder how much pride and personal satisfaction he derives from being Darl McBride? Sometimes, the justice is served from within. I don't care how much money he made out of all this; I wouldn't trade places with him.


Good question. But, given that few people outside of the geek world have even heard the guy's name and he probably views the whole thing has a contract dispute gone wrong, I don't think that he's feeling too badly. That said, I doubt that companies are lining up to have themselves driven into the ground by Darl.

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