Wednesday, September 19, 2007

SCO blames Linux for bankruptcy

Via Slashdot and Information Week

More on Groklaw

"With its cash reserves running out and its legal case against IBM Corp. unraveling, The SCO Group Inc. says there is doubt that it will remain afloat.

SCO made the statement in its most recent quarterly U.S. Securities and Exchange Commission statement, filed today. The company cited its recent motion for Chapter 11 bankruptcy protection as well as a recent court setback relating to its intellectual-property claims as reasons for worry."