Writings on technology and society from Wellington, New Zealand

Wednesday, February 27, 2008

No business like SCO business

Back in September I talked about a company called SCO that had been falsely claiming that it owned Linux – and it lost badly in court, and quite right too. In September it went into Chapter 11, as the US calls its bankruptcy legislation.

Well, SCO has just been acquired by some investors in the Middle East. It’s really not clear why because the company appears to have massive liabilities and no real hope of any income. Here’s some speculation by an analyst suggesting that this is some kind of move to get one of the big players to buy the company out of sheer annoyance value. I’m not sure if things work that when millions are at stake, but we may – sadly – not have heard the last of this yet.

posted by colin at 4:48 am  

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Powered by WordPress