Linux Today: Linux News On Internet Time.
Search Linux Today
Linux News Sections:  Developer -  High Performance -  Infrastructure -  IT Management -  Security -  Storage -
Linux Today Navigation
LT Home
Contribute
Contribute
Link to Us
Linux Jobs


More on LinuxToday


Darl Buys (Not Licenses) SCO's Mobility Assets for $100,000 - Updated

Apr 08, 2010, 12:02 (1 Talkback[s])
(Other stories by Pamela Jones)

"First word from the bankruptcy hearing today on Darl McBride's offer to buy SCO's mobility assets. Groklaw's UD has this quick report, with more to come later: Just got out of the SCO BK hearing a little bit ago and thought I'd send a quick update for you.

"The sale of the mobility business to Darl was approved, but he ended up paying $100,000 for it instead of the original $35,000 because there was a second bidder that responded to the sale ad in the newspaper. They had an auction this past Monday with a minimum bid of $100,000 for the outright sale of the assets. Darl bid, the other party didn't. The judge approved the sale.

"More a little later when I don't have to type on my phone...

"Update: Note that this was a *sale*, including the IP, not Darl licensing it, as originally proposed. Is there a word for the opposite of bait and switch?"

Complete Story

Related Stories: