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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The best news IBM could get.
by Earl Colby pottinger on Thu 6th Mar 2008 20:10 UTC
Earl Colby pottinger
Member since:
2005-07-06

Until now IBM has been fighting SCO not to protect Linux, but to protect itself. If it had given in and done a buyout you could bet all sorts of sharks would follow up hoping to get a sweet deal also.

But IBM always knew that they would never make back their money off SCO (SCO knew this too, thus their hope for a buyout), but now these investors are not only pumping money into SCO but in becoming partners with SCO open their own assets up.

Now IBM's lawyers not only see blood, they see money, lots of money, $100 million just for starters. If anything these idiots just gave IBM all the more reason to take SCO apart and suck it dry.

Reply Score: 5