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SCO gets $50 Million Investment

Posted by ryuzaki0 on from the fuel-to-the-flame dept.

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."

1 of 491 comments (clear)

  1. Re:bingo- found it by hughk · · Score: 4, Insightful

    Not Just that, their no. 1 investor is Vulcan Capital which is Paul Allen's investment vehicle. Allen was co-founder of Microsoft.

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