"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
"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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