Comments
Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud. We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
Cloud Expo on Google News

SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
IBM & Novell Press for SCO’s Demise
They say that SCO has had 19 months and three extensions to come up with a reorganization plan

IBM and Novell have piled on the bankruptcy trustee's move last week to put SCO into liquidation, a move made the day before the 10th Circuit heard SCO's appeal asking for the summary judgment awarding ownership of Unix to Novell to be overturned.

Timing is everything but it's unclear why IBM and Novell waited so long unless they didn't want to look like bullies and give SCO something else to complain about.

Anyway, they argue in separate but similar motions that SCO's management should be ousted and what's left of the company turned over to a trustee who's not married to the idea of sacrificing everything to chase the dream of a pot of gold at the end of its litigation.

They say that SCO has had 19 months and three extensions to come up with a reorganization plan, has flubbed two attempts to sell assets or reconstruct itself, has racked up $11.3 million in losses during that time, is now simply squandering cash, has little to no chance of getting back on its feet and should be put into Chapter 7 to preserve what little value is left for creditors like themselves.

If SCO was liquidated, then IBM could conceivably buy its IP and put an end to any cloud hanging over Linux, though one has to wonder if a gambler would come forward to outbid IBM and how far those trumps could go.

Interestingly, it was IBM who ran up an order for the bankruptcy judge to sign. A hearing on the motions is set for June 12 but with IBM and Novell coming in now that'll get delayed a bit.

SCO can still come up with the financing to get itself out of this fix. It wouldn't even need that if the 10th Circuit rules in its favor soon.

About Maureen O'Gara
Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

In order to post a comment you need to be registered and logged in.

Register | Sign-in

Reader Feedback: Page 1 of 1

Linux fanatics should feel uneasy about Microsoft's debt offering made 5 days after the Denver hearing. Besides, Microsoft and old SCO were partners before so this is a great opportunity to obtain Unix IP for a good price!


Your Feedback
Anonymous Insider wrote: Linux fanatics should feel uneasy about Microsoft's debt offering made 5 days after the Denver hearing. Besides, Microsoft and old SCO were partners before so this is a great opportunity to obtain Unix IP for a good price!
Latest Cloud Developer Stories
Swisscom, the Swiss telecom, is going into the cloud business. Its subsidiary Swisscom IT Services AG has signed up with Red Hat as a Certified Cloud Provider and launched a public cloud Infrastructure-as-a-Service (IaaS) cloud targeting enterprise-class customers primarily in ...
Apache Deltacloud, the Red Hat-contributed ReSTful API that abstracts differences between clouds so services on any cloud can be managed – provided of course there’s a driver – has graduated from the Apache Foundation’s incubator and is now a full-fledged Top-Level Project (TLP)....
In a surprise move on Tuesday, January 10, Oracle wheeled out its Big Data Appliance. That’s the one it said in October would be ready sometime in the first half. Only nobody believed it meant early in the first half. Heck, it’s not even clear anybody thought Oracle could make ...
Rackspace Hosting, the service leader in cloud computing, on Thursday announced its acquisition of SharePoint911, an industry leader in SharePoint consulting, training, and "JumpStart" services within SharePoint. The unification of both companies provides capabilities to deliver ...
CloudLinux, Inc., on Thursday released CafeFS 3, a virtualized file system for shared hosters that cages each customer within its own virtualized file system. CageFS becomes part of CloudLinux OS at no additional charge. CloudLinux OS, the only commercially-supported Linux OS m...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021

SYS-CON Featured Whitepapers
ADS BY GOOGLE

Breaking Cloud Computing News

The Khronos™ Group, an industry consortium creating open standards for the accelera...