Drained by Courtroom Losses, SCO Tries to Survive
Published October 1st, 2007
In August, Darl McBride, The SCO Group’s president and CEO, declared it “one of the more exciting times” ever for the software vendor. However, by last week, the excitement had taken on a whole new dimension. SCO filed for Chapter 11 bankruptcy protection on Sept. 14, a month after a federal judge ruled that the copyrights to Unix are owned by Novell — not by SCO, as it had claimed. The ruling dealt a serious blow to SCO’s four-year-old copyright infringement case against IBM and put the company at risk of having to pay Novell more than $30 million in licensing fees.
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