eWeek: Is Microsoft Behind SCO's $50 Million Cash Infusion?
Oct 17, 2003, 20:00 (21 Talkback[s])
(Other stories by Peter Galli)
"Hot on the heels of The SCO Group's announcement that BayStar
Capital has invested $50 million in the company, questions are
being raised about whether Microsoft Corp. may have had a role in
"As an investment firm, BayStar leads, creates and participates
in a number of PIPEs (Private Investments in Public Equity). Many
of these deals involve investment money from other companies,
"SCO spokesman Blake Stowell told eWEEK on Friday that Microsoft
was not an investor in SCO through this deal. 'There are only two
investors in this deal: BayStar Capital and the Royal Bank of
Canada,' he said. 'I think people will try and come to the
conclusion that Microsoft is somehow involved in this deal, but I
can tell you with great certainty that Microsoft was not involved
with this investment...'"