Darl McBride Leaving SCO?
JoGiles writes "Linux-watch is reporting that while The SCO Group may go on to pursue its plans with a $100 million buyout, it will do so without its longtime CEO Darl McBride. Buried in the proposed MOU (Memorandum of Understanding) between Unix vendor and Linux litigator SCO and SNCP (Stephen Norris & Co. Capital Partners) is the note that "upon the effective date of the Proposed Plan of Reorganization, the existing CEO of the Company, Darl McBride, will resign immediately.""
I fear that we're in for a long ride on this one. Back in the Day, we all figured that the SCO lawsuit would be quashed within 6 months. I remember a talk at a LinuxWorld several YEARS ago where Eric Raymond or someone openly challenged them to show us all where the 'infringing code' was. Several years ago...
Lawsuits around the GPL and Linux codebase will become a permanent fixture. Our dreams of a single case to finalize up everything nice and tidy are never going to come true. I have every confidence that Open Source will survive, and the GPL will remain intact, but the lawsuit will always be there-- there's just too much potential money sloshing around, and law schools keep pumping out the evil.
davejenkins.com |
Darl McBride will leave a rich man. At least richer than he is now. From my own estimates, he will leave at least US$ 10 - 14 million richer. At 4% interest in a fixed deposit account, Mr McBride can live a pretty decent life even in America's most affluent neighborhoods for virtually no work to be done.
If SCO dies, the community will go after Novel and other MS puppets. So it costs less to give $100M to resurrect SCO and keep it alive as a troll to take the role of the bad guy. What is $100M for a company with annual profits near $40B?
it's not because their products suck. is because their product is a unix for x86 platform, so it have to compete with "good enough" products that are pretty much free (as both in freedom and beer) like linux, xBSD, solaris x86.
and in the higher end, even on open patforms like sparc, it's tough to beat HP/IBM/Sun.
since the days of old SCO (now tarantella), they always operated on a niche. now this niche disapeared, or was taken by the newcomers. old SCO realized that, got rid of the unix business and wen't on selling applications until they were bought by Sun.
if the new SCO (former caldera) had did the same, using their unix business to finance the development of other kinds of software, phase out the unix business, maybe they wouldn't be in this situation.
What ? Me, worry ?
I don't think this buyout will be allowed. The assets of SCO are in dispute - probably mostly owned by Novell at this point.. and the market cap of SCO is only 2.5M anyway. If they're found to owe more than that there's no company left to be bought.
Actually, I would -- making small rocks from large rocks while wearing a nice bright orange jumpsuit.
Bruce
Bruce Perens.
I think the desire of the Groklaw audience is to put McBride and his criminal band into jail.
His early leave is not so much wanted. This way he will probably get out of view with his ill-gotten money.
Of course, i might be wrong, i'm just one of the above mentioned audience.
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