SCO files chapter 11

[Frobozz]

http://money.cnn.com/news/newsfeeds/articles/prnewswire/LAF04014092007-1.htm

September 14, 2007: 03:21 PM EST


LINDON, Utah, Sept. 14 /PRNewswire-FirstCall/ -- The SCO Group, Inc. ("SCO") , a leading provider of UNIX(R) software technology and mobile services, today announced that it filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code. SCO's subsidiary, SCO Operations, Inc., has also filed a petition for reorganization. The Board of Directors of The SCO Group have unanimously determined that Chapter 11 reorganization is in the best long-term interest of SCO and its subsidiaries, as well as its customers, shareholders, and employees.

Evidently "Sue everyone" is not a viable business plan.

 

[pxc]

Yeah, and what's worse is that it puts all the lawsuits on hold. I thought that Novell was going to get the final blow.

 

[duby229]

Evidently "Sue everyone" is not a viable business plan.

Them dirty rotten bastards. I was still very anxious to see the damage IBM was going to do. Novell drew blood, But IBM would have felled the death blow. Too bad, SCO is run by dirty rotten bastards.

 

[[H]EMI_426]

Ironically, Caldera bought SCO. Before Caldera bought SCO and assumed SCO's name, Caldera bought DR-DOS from Novell and took over Novell's lawsuit against Microsoft. Caldera and Microsoft settled, with Microsoft paying an undisclosed amount to Caldera.

They won that time. Looks like they will most likely not win this time.

Caldera/SCO: what happens when Linux companies go bad.