SCO Goes Private With $100 Million Backing

AmIAnAi writes "Just when you thought it was all over, the SCO story takes a new twist. SCO has received $100 million financing from Stephen Norris Capital Partners to get them out of Chapter 11 and go private 'The move gives Stephen Norris, whose namesake founder was a co-founder of private equity giant The Carlyle Group, a controlling interest in SCO, which now has a platform to continue its court battle with Novell Inc. over royalties from the Unix server operating system, SCO's main business ... According to a statement from the company, SNCP already has a business plan for SCO that includes pursuing its legal claims.'"

Comments

Re:Look for more Microsoft money behind

[ShaunC]

Actually, the Carlyle Group is mostly Bush and bin Laden money, or at least it used to be. Sort of makes you wonder who might actually be doing what, and what's at stake...

Here comes another bubble

[Threni]

http://uk.youtube.com/watch?v=I6IQ_FOCE6I

This is pretty apt. It's not often that comedy songs are funny, especially when they're nerdy comedy songs, but this one does it for me...