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."

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Cui bono

[whig]

Who controls BayStar?

Answer that question, and it will probably become obvious why they would be willing to "waste" $50 million.

SCO is just a foot soldier in a war that is being fought by Microsoft and associated proprietary software firms against the adoption of Linux as the dominant Operating System for the next century.

They are buying time, for one thing. Every day this FUD campaign drags on, slows the rate at which corporations switch their infrastructure to Linux. For all that those in the know realize what a crock of steaming shit this is, the courts are unpredictable at best, and PHB's are a conservative lot. Many won't bet their future on an OS which is the subject of litigation because they cannot be certain of the outcome.

SCO will die. But that's what foot soldiers do. Meantime, those pushing them forward are happy to lend them all the resources they need to prolong the fight.

Re:bingo- found it

[way2trivial]

sorry
try this
if that doesn't work, go to google, type in "baystar capital microsoft" it is the PDF link that is for me third down the page.. once the PDF opens, search for microsoft. since october 2002, it looks like they've put 500 million into baystar deals.