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NY Times Reveals SCO/Canopy Group Hypocrisy

Posted by timothy on from the strangely-enough dept.

rjamestaylor writes "The New York Times reports that 'SCO, the company that touched off a computer industry slugfest last spring by suing I.B.M. over its use of Unix software, may find itself embarrassed by a similar claim against a company once related to SCO.' Note that the reporter, John Markoff, ties together Noorda's Canopy Group companies, revealing that: 'Canopy is now SCO's largest shareholder, with two seats on the company's board, and has played an important role, analysts say, in shaping SCO's legal strategy.' He even quotes SCOSource shill Laura Didio as saying, 'All roads lead to Canopy...'"

2 of 223 comments (clear)

  1. just keep crying... by spectrokid · · Score: 5, Interesting

    We've been bitchin' on SCO for months and at every story somebody posts "Right NOW is the time to sell your stock...." but the truth is simple for all to see: Canopy is a bunch of lawyers with a BIG trackrecord, so you can bet McBride has his ass covered SEC-wise. SCO was dead in the water before this started and they knew it. So McBride and his buddies will screw over SCO, give all the employees a pink slip and all the customers season tickets to go-fuck-yourself-land. Then they will walk away with so much cash you will wish you did it yourself. And there is nothing we can do about it.

    --

    10 ?"Hello World" life was simple then

  2. Re:Lawsuits as Legacy? by _Sprocket_ · · Score: 5, Interesting
    IMPORTANT NOTE FOR KDE USERS: The Canopy group is a major part owner of TrollTech...
    Depends on how you define "major". In Trolltech's investor's page they claim that the company's shares are distrubuted as follows:
    64.7% Employees
    8.3% Borland
    5.2% Trolltech Foundation
    4.3% Orkla ASA
    4.3% Northzone Ventures
    4.3% Teknoinvest
    4.1% Canopy Group
    3.4% Previous employees
    1.6% SCO Group
    So it appears that the Canopy Group controls about 5.7% of available shares. Unless one of these other investors is really a holding company or you think Trolltech is lying.