SYS-CON.TV Webcasts
Jackbe: The Big A(architecture in AJAX)
Instantiations: Eclipse Rich Internet Platform with Taylor and Milinkovich
Yahoo!: Applying AJAX to Speed User's Journey
Enerjy Webcast: Java Code Quality Management
App Server Shoot-out: Microsoft, IBM, JBoss, Sun, BEA, and Oracle
Comments
By Roger Strukhoff
Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud. We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
Jan. 8, 2012 11:38 AM EST
Cloud Expo on Google News
Did you read today's front page stories & breaking news?

SYS-CON.TV: SOA Power Panel Live From Times Square

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Top Links You Must Click On


News
Unix For Sale: $36M, Anyone?
Is SCO preparing for the conversion of its bankruptcy to Chapter 7?

By: Linux News Desk
Oct. 29, 2007 10:00 AM

SCO Group asked for approval from Judge Gross of the bankruptcy court last week to sell off Unix to the highest bidder, which curently would mean York Capital Management, a financial firm. If SCO does receive $36 million, Novell and IBM (and perhaps others) will certainly be hoping that the money will in turn come to them.

York's offer is basically $10 million down and a $6 million revenue-sharing arrangement over three years. SCO would be paid $1 million in year one, $2 million in year two and $3 million in year three.

SCO had reportedly been talking to other interested parties but apparently none has yet trumped York's offer.

Published Oct. 29, 2007— Reads 11,707 — Feedback 10
Copyright © 2007 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
About Linux News Desk
SYS-CON's Linux News Desk gathers stories, analysis, and information from around the Linux world and synthesizes them into an easy to digest format for IT/IS managers and other business decision-makers.

In order to post a comment you need to be registered and logged in.

Register | Sign-in

Reader Feedback: Page 1 of 1

This news-in-brief item has been updated.

According to www.groklaw.com, this is not correct.

SCO filed a PROPOSED order on 10/23 but it has not been approved by the court. The court MAY approve it after the November 6 hearing.

Mike

No, SCO filed a motion asking the court permission to sell. The judge has not ruled on the motion.

No, they asked for permission so sell. Nice job fact checking.

No they didn't get approval SCO made a motion seeking it but other parties get a chance to object before the Judge signs off on it , if in fact he does.

That's a really interesting story since all that's happened so far is that SCO has asked the court for permission to sell its Unix assets. So far the judge hasn't said yea or nay. Do you guys just maske this stuff up?

You need to get your facts straight. SCO has only ASKED for permission from the bankruptcy court to sell. The judge has not signed the order and will not until all creditors have been notified and have had a chance to object to the sale.

As Groklaw has reported, so far, this is only a proposal by the SCO Group. The judge might or might not approve this proposal. Approval wouldn't be before the hearing on Nov. 6th in any case.

Your facts are incorrect.

There will be a hearing scheduled for November 6 to get approval to sell off Unix.


Your Feedback
Duty editor wrote: This news-in-brief item has been updated.
Trent Black wrote: According to www.groklaw.com, this is not correct.
Mike Friese wrote: SCO filed a PROPOSED order on 10/23 but it has not been approved by the court. The court MAY approve it after the November 6 hearing. Mike
Ged wrote: No, SCO filed a motion asking the court permission to sell. The judge has not ruled on the motion.
David wrote: No, they asked for permission so sell. Nice job fact checking.
waltish wrote: No they didn't get approval SCO made a motion seeking it but other parties get a chance to object before the Judge signs off on it , if in fact he does.
Tom wrote: That's a really interesting story since all that's happened so far is that SCO has asked the court for permission to sell its Unix assets. So far the judge hasn't said yea or nay. Do you guys just maske this stuff up?
Matt wrote: You need to get your facts straight. SCO has only ASKED for permission from the bankruptcy court to sell. The judge has not signed the order and will not until all creditors have been notified and have had a chance to object to the sale.
DaleP wrote: As Groklaw has reported, so far, this is only a proposal by the SCO Group. The judge might or might not approve this proposal. Approval wouldn't be before the hearing on Nov. 6th in any case.
Gilles Leger wrote: Your facts are incorrect. There will be a hearing scheduled for November 6 to get approval to sell off Unix.
Enterprise Open Source Magazine Latest Stories . . .
By Maureen O'Gara
Apache Deltacloud, the Red Hat-contributed ReSTful API that abstracts differences between clouds so services on any cloud can be managed – provided of course there’s a driver – has graduated from the Apache Foundation’s incubator and is now a full-fledged Top-Level Project (TLP). The...
By Jeremy Geelan
With Cloud Expo 2012 New York (10th Cloud Expo) just four months away, what better time to start introducing you in greater detail to the distinguished individuals in our incredible Speaker Faculty for the technical and strategy sessions at the conference... We have technical and st...
By Maureen O'Gara
AMD said late Tuesday that its chief sales officer Emilio Ghilardi had left the company and that CEO and president Rory Read is going to do his job while a replacement is sought. AMD didn’t say why Ghilardi left but it’s assumed Read wants his own people. Read is relatively new to th...
By Hovhannes Avoyan
During the lifespan of M3 (Monitis Monitor Manager) there has always been something lacking – timers. M3 execution procedure was outlined in this previous article. The execution mentioned in the latter was a one-time-execution, whereas server monitoring requires periodic invocati...
By Maureen O'Gara
Red Hat is putting its bought-in Gluster scale-out NAS storage technology, acquired in October, on the Amazon cloud. It’s styled Red Hat Virtual Storage Appliance for Amazon Web Services and other clouds are supposed to follow in short order.
By Ignacio M. Llorente
A new episode of the screencast series is now available at the OpenNebula YouTube Channel. This screencast demonstrates the new easily-customizable self-service portal for cloud consumers. Its aim is to offer a simplified access to shared infrastructure for non-IT end users. The scree...
MORE »
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021

SYS-CON Featured Whitepapers
Most Read This Week
By Jeremy Geelan
By Bob Hockman
By Brian McCallion
By Steven Yaskin
By Jeremy Geelan
By Jeremy Geelan
By Udayan Banerjee
By Jeremy Hess
By Udayan Banerjee
By Maureen O'Gara
By Liz McMillan
By Hollis Tibbetts
ADS BY GOOGLE