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Ability to build cash war chest too compelling to pass up, so SCO agreed to $50 million investment deal, announced yesterday, with investment fund BayStar Capital. CEO Darl McBride pleased with transaction. [eWeek]
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Random Site Quote: A $50 million investment deal enables SCO to continue expanding its product base.
Linux & Open Source - eWeek SCO Building Up a War Chest A $50 million investment deal enables SCO to continue expanding its product base. The ability to build up a "war chest" of cash was too compelling to pass up—and so The SCO Group agreed to a $50 million investment deal, , with

Date Added: Jun 2, 2009 Hits: Rating: 0.00 Votes: 0

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Received large cash boost in private investment deal led by investment fund BayStar Capital, structured as private placement of non-voting Series A Convertible Preferred Shares, at fixed conversion price $16.93/share. [eWeek]
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Random Site Quote: The SCO Group on Thursday said it had received a $50 million infusion in a private investment deal led by BayStar Capital, an investment fund.
Linux & Open Source - eWeek SCO Wins $50 Million Investment The SCO Group on Thursday said it had received a $50 million infusion in a private investment deal led by BayStar Capital, an investment fund. The SCO Group Inc., which has sued IBM for more than $3 billion and claims that Linux is an

Date Added: Jun 2, 2009 Hits: Rating: 0.00 Votes: 0

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Joint development agreement between Linux sellers SCO and SuSE protects SuSE from any legal action, SuSE says. [ZDNet UK]
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Random Site Quote: An agreement with SCO Group protects Linux seller SuSE from legal action stemming from SCO's accusation that Unix software was copied into Linux,...
SuSE feels safe despite SCO legal threat Stephen Shankland, CNET News.com An agreement with SCO Group protects Linux seller SuSE from legal action stemming from SCO's accusation that Unix software was copied into Linux, SuSE said. "We have a joint development agreement with them, which includes

Date Added: Jun 2, 2009 Hits: Rating: 0.00 Votes: 0

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