Recent Articles

Gartner Puts Unix Server Sales Down
Given that the last UnixProNews report covered similar findings from IDC, this may not come as a surprise, but there's more not-good news regarding the market...

IBM Leads In Unix Market
Unix servers saw a 23.4 percent revenue decline in the third quarter of 2009 (Q309) compared to the same time period in 2008, according to market research IDC.

IBM Promotes "Future Of Unix Servers"
Products that represent "the future of Unix servers" are on their way, according to a new ad from IBM that appeared in the Wall Street Journal. And said...

Encryption: What Happened To It?
Over the past few years, there have been numerous cases of stolen data from companies. Everything from credit card companies to hospitals have lost the...


SCO Group Receives $2 Million In Financing

By Doug Caverly

For better or for worse - and admittedly, many people will say it's for the much, much worse - the SCO Group has received a financial lifeline of sorts. SCO, which filed for Chapter 11 bankruptcy protection in 2007, is set to get $2 million in funding.

SCO announced earlier this week "that it had secured Bankruptcy Court approval and funding for $2MM in postpetition financing in the form of a secured super-priority credit facility from a group of private lenders. Proceeds from the financing will be used to fund the company's operating and administrative expenses, as well as litigation-related expenses."

And then, in case you didn't catch that last part, the formal statement continued, "This financing is intended to allow for the preservation of the value of the Company's business while enabling the Company to proceed with asset sales, continue supporting SCO's loyal UNIX customer base and to pursue litigation against, among others, IBM and Novell."

As mentioned earlier, this development isn't likely to be met with a lot of cheering. SCO has wound up looking very much the villain as a result of its Linux- and Unix-centric lawsuits, and many members of the Unix community have been more or less waiting for the company to die.

One possible silver lining is that this could at least act to unite the Unix community, though.

About the Author:
Doug is a staff writer for WebProNews. Visit WebProNews for the latest eBusiness news.
About UnixProNews
UnixProNews is a collection of news and commentary designed to keep you in step with the ever evolving landscape of Unix environments. News and Advice for Unix Professionals

UnixProNews is brought to you by:

-- UnixProNews is an iEntry, Inc. publication --
iEntry, Inc. 2549 Richmond Rd. Lexington KY, 40509
2010 iEntry, Inc. All Rights Reserved Privacy Policy Legal

archives | advertising info | news headlines | free newsletters | comments/feedback | submit article

News and Advice for Unix Professionals UnixProNews News Archives About Us Feedback UnixProNews Home Page About Article Archive News Downloads WebProWorld Forums Jayde iEntry Advertise Contact