SCO gets $50 Million Investment
sjbe writes "It was announced today that SCO received $50 million in private equity funding. The lead investor is BayStar Capital which has invested in Roxio among other companies. This gives SCO a pretty big war chest to fight IBM. Before this investment SCO only had a few million in cash remaining. If you thought SCO was annoying before, this won't help."
So the strategy is to give away money to a dying comapny so that it can pursue its dream of vain lawsuits and dishonor?
Esoteric reference.
to David Boies. SCO will be taking caring of the next few generation of Boies' family....
smd4985
Apparently they are not just smoking crack.
They are trafficing.
134340: I am not a number. I am a free planet!
it is still very possible that the lawsuit with IBM may have merit
:)
Yes, for arbitrary generous definitions of possible and values of merit less than epsilon.
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- - You can't take something off the Internet! That's like trying to take pee out of a swimming pool.
Slashdot announces that they intend to file suit against IBM for $5 billion dollars.
Commander Taco was reported as saying, "There's no basis for this suit, but that didn't stop SCO. Our case is just as strong."
In unrelated news: BayStar Capital is looking to invest $80 Million in Slashdot
It was a typo.
They misspelled bye
.
134340: I am not a number. I am a free planet!