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SCO closes sale of Unix system to Nevada company

Apr 12, 2011, 12:02 (8 Talkback[s])

"The venerable Unix computer operating system entered a new phase Monday with its sale by the bankrupt The SCO Group of Lindon to a group of investors who are pledging to spend millions to upgrade and expand it.

"Unix was sold to UnXis Inc., a Nevada-based company formed by Stephen Norris Capital Partners and MerchantBridge Group to buy the system out of bankruptcy court in Delaware...The new owners plan to pour an initial $5 million into the company to keep it operating."

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