Enterprise Linux Today: Caldera's SCO Buy Now Includes OpenServer TechnologyFeb 09, 2001, 15:51 (2 Talkback[s])
"Caldera Systems, Inc., (Nasdaq: CALD) and The Santa Cruz Operation, Inc. (SCO) (Nasdaq: SCOC) have announced they have amended the agreement to purchase the SCO Server Software and Professional Services divisions by Caldera Systems. Under the terms of the new agreement, the SCO OpenServer product line will be included as part of the proposed SCO Server Software Division acquisition, giving Caldera complete ownership of SCO's operating system products. In the original agreement announced on August 2, 2000, SCO retained the SCO OpenServer intellectual property and Caldera purchased the rest of the SCO server business and acted as sole distributor for SCO OpenServer products."
"Ransom Love, president of Caldera Systems, commented, "With the SCO OpenServer technology purchase, Caldera will not only have created the first and largest combined UNIX and Linux channel, it will be able to provide all current SCO Server Software Division customers with new and existing solutions from one source. The purchase further simplifies Caldera's internal administration, roadmap control and communication, allowing better service to its customers."
"Doug Michels, CEO of SCO said, "I am pleased that the simplification of the transaction will help SCO achieve its goal of creating a pure-play company focused on our Tarantella products. The overall consideration and increased cash component will enable us to proceed with our plan to reinvent ourselves around our Tarantella business and drive Tarantella, Inc. to be the leading provider of web-enabling software."
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