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SCO Proposes Sale of Assets To Continue Litigation
gzipped_tar sends in this excerpt from the Salt Lake Tribune:
"The embattled SCO Group Inc. is proposing to auction off its core products and use proceeds to continue its controversial lawsuits over the alleged violations of its copyrights in Linux open-source software. The Lindon company has filed a new reorganization plan with the federal court in Delaware where it sought bankruptcy protection from creditors after an adverse ruling in the Linux litigation. If approved by a bankruptcy judge, the plan could mean SCO's server software and mobile products lines are owned by other parties while SCO itself remained largely to pursue the lawsuits under the leadership of CEO Darl McBride. 'One goal of this approach is to separate the legal defence of its intellectual property from its core product business,' McBride said in a letter to customers, partners and shareholders. Jeff Hunsaker, president and COO of The SCO Group, said the litigation had been distracting to the company's efforts to market its products. 'We believe there's value in these assets and in order for the business to move forward it's imperative we separate it from our legal claims and we allow our products business to move forward,' he said Friday."
Darl has now gone from rearranging the deck chairs on the Titanic, to throwing them overboard...
McBride said in a letter to customers, partners and shareholders.
ie.
McBride said in a letter to his father-in-law, his wife and his mistress, and his grand parents.
@neonux
Then why not drop the case and focus more fully on your 'core product business'
At this point he pretty much is.
I Am My Own Worst Enemy
... of the Black Knight in Monty Python's Holy Grail.
"None shall pass!"
Have gnu, will travel.
It's amazing how long this zombie company can stay on its feet.
So that's why Darl and the other directors at the last board meeting kept saying, "Brains! brains! We need brains!"
The embattled SCO Group Inc. is proposing to auction off its core products
SCO actually sells a product?
Weaselmancer
rediculous.
Hrm..
Perhaps IBM could buy them and write itself an unconditional irrevokable retroactive perpetual license to the products. And release them under GPLv3...
I find the parrellels to Balmer's, "Developers, developers, developers, developers,..." rather disturbing.
"linux is just DOS with a UNIX like syntax" -- Galactic Dominator (944134)
Manage? I vote for the grill. Make him brush up on his spanish.
In a just world, he will die a homeless drug user on the streets.
Darl does not deserve drugs. How about him dieing a homeless, disease ridden prostitute? Then the only change necessary is creditors seizing his home.
Darl does not deserve sex. How about him dieing a homeless RIAA lawyer?
In this economy, Darl knows he will never get another job as an executive. I mean how the hell can you spin his tenure as CEO of SCO on a resume? I guess you could say something like "leveraged corporate IP" -- just leave out the part about "just not OUR corporate IP. Heh." And maybe "worked with compliance and legal department to partner with the titans of the computer industry" -- just leave out "it was a forced partnership. Okay, we sued their asses and had ours handed to us on a platter, but still. I've got more balls than brains, it has to count for something!"
I'd suggest "innovative customer relations program", but the MPAA has them beat on that one.
Learning HOW to think is more important than learning WHAT to think.
"This all makes sense if you..." ARE INSANE.
Not a Twitter sockpuppet... but I wish I was.
Wow. Only 66 employees? I wonder how many are actually working on products they sell?
I expect most, if not all, of the employees that are capable of finding alternative jobs will be long gone. The remaining 66 are either in golden-handcuffs or are drooling morons.
Maybe they should produce their own, reality-tv, version of "The Office" to raise extra funds...
McUnix, probably run just as cheap as their hamburgers taste...
Politics is Treachery, Religion is Brainwashing
"They deserve a long and very painful and unpleasant life instead."
A job in IT?
Oh, shut up, Darl.
Understanding the scope of the problem is the first step on the path to true panic.
First line tech support for dummy users - for life.
I believe that you and the AC you replied to, need to get a sense of perspective
I agree completely. Let's stick Darl in the Total Perspective Vortex.