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[News] SCO Trial Resumes, Novell's Future Unknown

  • Subject: [News] SCO Trial Resumes, Novell's Future Unknown
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Tue, 09 Mar 2010 08:07:53 +0000
  • Followup-to: comp.os.linux.advocacy
  • Newsgroups: comp.os.linux.advocacy
  • User-agent: KNode/4.3.1
Hash: SHA1

SCO vs. Linux: The trial can begin

,----[ Quote ]
| The SCO Group is to receive 2 million 
| dollars from a group of investors headed by 
| majority shareholder Ralph Yarro. Following 
| an oral hearing, the Delaware bankruptcy 
| court dealing with SCO has approved the 
| loan. This means that the company now has 
| sufficient funds for the pending jury trial 
| against Novell. The trial, which is to 
| address rights to Unix and the legality of 
| protective licences for Linux users, is set 
| to start today and is expected to last three 
| weeks.


Update: Will Novell Sell Before BrainShare?

,----[ Quote ]
| But letâs switch back to the BrainShare 
| discussion. During the conference, attendees 
| and the press (and persistent anonymous 
| bloggers) wonât be able to avoid the 
| temptation to ask â over and over again â 
| Novellâs ownership status, which ultimately 
| influences the future of SUSE Linux and 
| Novellâs other products.
| At the least: Watch for Novellâs board to 
| offer an update on the Elliott Associates 
| bid within the next few days. The result 
| could be a company sale or an outright 
| rejection of Elliot Associatesâ offer. 
| Either way, Novell needs to provide an 
| update before BrainShare starts. Without 
| that update, Novellâs ownership status could 
| become a distracting topic during the 
| conference.


An intelligent move

,----[ Quote ]
| Novell was founded in Provo, Utah as Novell 
| Data Systems Inc way back in 1979, by George 
| Canova, Darin Field, and Jack Davis. 
| Canovaâs wife came up with the name Novell, 
| mistakenly believing that it meant ânewâ in 
| French. It started life making disk 
| operating systems, but was reincorporated as 
| Novell Inc in 1983 after a venture capital 
| injection, and turned its attention to 
| designing network hardware. In May of that 
| year Ray Noorda became president and CEO, 
| and it introduced NetWare that same year.
| In 1997 Noorda was succeeded by Eric 
| Schmidt, who is CEO of Google today. Schmidt 
| accelerated efforts to leverage Novellâs 
| core networking strengths in the Internet 
| arena, soon launching NetWare 5 and Novell 
| Directory Services (NDS), with native 
| support for the Internet communications 
| protocol (IP).
| The firm bought services firm Cambridge 
| Technology Partners in 2001 as it 
| diversified yet further, and the former CEO 
| of Cambridge, Jack Messman, took over the 
| reins at Novell.



What To Do About SCO? Let's Spend More Money on Professional Advisors

,----[ Quote ]
| I have a friend whose theory of life is that when you
| are down to your last $100, rather than skimping, you
| should go out and spend it on a luxurious, wonderful
| meal, because afterwards you'll think of something.
| SCO's Chapter 11 Trustee must be a kindred spirit.
| Mr. Cahn has filed with the bankruptcy court an
| application to hire a financial advisor/investment
| banker, Ocean Park Advisors, to advise him on what he
| should do about SCO. Should they reorganize, sell off
| and shut down or what? It's complicated. Not to mention
| expensive. Wait. Does SCO have any money it doesn't
| already owe to someone?

Version: GnuPG v1.4.9 (GNU/Linux)


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