On Oct 28, 9:21 pm, Roy Schestowitz <newsgro...@xxxxxxxxxxxxxxx>
wrote:
> SCO gets bankruptcy court approval to sell its Unix business
A fugitive of Justice tries to sell what they don't own.
> ,----[ Quote ]
> | SCO certainly must be hoping someone else bids for its dying Unix business,
> | because York isn't offering a very good price for it. $46 million amounts to
> | only about two years of SCO's Unix business revenue, so that minimal offer
> | likely reflects York's recognition that SCO's Unix business has been
> | declining by 10 to 20 percent every year.
There are a few minor problems with this whole scenario. It seems
that SCO purchased only distribution rights to UNIX, not the
copyrights. Furthermore, they never made the required payments
required to complete the transaction.
It's ironic that Caldera had originally purchased the Unix Support
business, which provided the technical support for companies like KFC,
Pizza Hut, Burger King, and other major corporate franchises. SCO was
also the leading provider of UNIX servers used to connect NASD brokers
to the NASDAQ trading system.
> | If SCO's Unix business were
> | healthy, even growing, it could fetch three or more times annual revenue.
There's the rub. Many major SCO customers were looking at Linux when
the lawsuit against IBM was filed, and the summary judgement against
SCO in the case with Novell removed the barrier that had held these
customers to continue to pay for UNIX rights. SCO staff never seemed
to want to learn Linux, even when Caldera purchased the service
organization from the original SCO organization.
> http://www.theinquirer.net/gb/inquirer/news/2007/10/27/sco-gets-bankr...
> Good riddance to another Microsoft proxy.
> Related:
>
> Darl McBride destroying SCO: bankruptcy looms
>
> ,----[ Quote ]
> | SCO has long been sueing IBM for using SCO intellectual property in
> | Linux and AIX product. Linux lovers will applaud the downfall, if
> | it happens - which, no doubt whatsoever, they devoutly wish - of
> | Darl McBride's disputacious and deeply disreputable company.
It wasn't the company that was disreputable. What was disreputable
was the way a pod of investors acting on behalf of unidentified
interests decided to fire Ransom Love, who had built Caldera into a
very successful company that was able to purchase SCO's service
organizaton, with Daryl McBride, who's big claim to fame and fortune
was double-crossing his previous employers, then suing them when he
was fired.
Given that court records show that Daryl McBride was officially told
that there was no merit to the case, even before they filed it,
McBride is directly responsible for a massive "Pump-and-dump"
operation. Between McBride and the CFO, who had been placed by
Microsoft and was closely tied to Microsoft, the pump-and-dump scheme
may have netted as much as $15 million for each of them.
> http://www.techworld.com/storage/blogs/index.cfm?entryid=369&blogid=3
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