Someone Actually Wants SCO?

As astonishing as it sounds, someone actually wants to buy SCO, the bankrupt software company that has spent the last few years biting at the ankles of the Linux community.

York Capital Management LLC, a New York investment firm, has asked the United States Bankruptcy Court for permission to buy SCO's Unix business for $36 million dollars. The deal would also reportedly include $10 million in funding to cover SCO's litigation fees.

The motion came just after Novell filed a motion to lift the automatic bankruptcy stay that is preventing the companies from going to trial in U.S. District Court in Utah to settle the question of how much is owed to Novell from Unix licensing fees wrongfully collected by SCO.

Read more.

______________________

Justin Ryan is a Contributing Editor for Linux Journal.

Comments

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Where's that wooden stake I

Anonymous's picture

Where's that wooden stake I brought with me? - Professor Van Helsing

Free Dummies Books
Continuous Engineering

Learn:

  • What continuous engineering is
  • How to continuously improve complex product designs
  • How to anticipate and respond to markets and clients
  • How to get the most out of your engineering resources

Get your free book now

Sponsored by IBM

Free Dummies Books
Service Virtualization

Learn to:

  • Define service virtualization
  • Select the most beneficial services to virtualize
  • Improve your traditional approach to testing
  • Deliver higher-quality software faster

Get your free book now

Sponsored by IBM