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NewsForge: MS-SCO Analysis: Questions About the Mysterious Middle Man

Mar 10, 2004, 15:00 (15 Talkback[s])
(Other stories by Chris Preimesberger)

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"We continue to follow up on the story of BayStar Capital and S2 and their involvement with SCO. S2 Strategic Consulting, located at 4567 So. Mathews Way, Salt Lake City, Utah, is the firm hired by SCO Group to help it stay alive. Since SCO hired S2 in August 2003, the little Unix software company that was in danger of failing received a $50 million venture capital cash infusion--and perhaps much more--in its bank account.

"That $50 million pile of cash has been described as a litigation 'war chest' by more than one business publication during the last few months.

"Is S2 simply a very good technology company developer? If so, perhaps it can explain--general terms would be fine--how it was able to raise so much money for a company that has had serious trouble selling its bread-and-butter products for months. (SCO Group's sales problem is no secret; CEO Darl McBride confirmed it only a few days ago at the company's quarterly 'numbers' press conference...)"

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