Via David Canton: SCO raises $10 million for Linux fight

SCO is the company that has sued IBM and others claiming that Linux uses UNIX source code that belongs to SCO. This saga has been ongoing for a long time.

CNet and Groklaw … report that SCO just raised $10 million in a private placement. It seems that the funders were existing investors, not new ones.

David links to a CNet article: SCO raises $10 million in stock sale, and a Groklaw post. David calls Groklaw “the site for tracking the SCO/Linux issue”.

Browsing through some of the comments on the Groklaw site it seems that most people are sceptical about SCO’s reasoning and motivation behind this latest action. Some are suggesting it reeks of insider-trading, since the share sales was a private placement - surely they know something that the rest of the world doesn’t ? Otherwise, why wouldn’t they offer the extra shares publically ? There are some rather cynical comments around about where the money is really coming from - perhaps that’s why it was done privately ? To keep it quiet as to who is really funding SCO’s attacks ? Who knows ? The whole SCO thing has been allowed to go on for far too long in my opinion, and I hope some of the upcoming deadlines imposed on SCO will either lead to real progress in the case, or having it thrown out completely.

The world is tired of SCO and its posturing. Although it did give the media something to write about it for a while - but they’re mostly over that now - time to move on.

Does SCO actually offer anything of value to the IT industry anymore ? What products do SCO sell, and who uses them ? Anyone ? Anyone ? No, didn’t think anybody would know.

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