Feeds

SCO shares collapse under weight of ruling

$1.20 to go

New hybrid storage solutions

SCO Group shares went south in a hurry during Friday's trading, as investors reacted to the company's legal misfortunes.

SCOX dropped 40 per cent to $1.20 per share, at the time of this report. That's well off a 52-week high of $5.23 and light-years away from the more than $20 per share price SCO enjoyed a couple years back. The share price collapse follows a judge's decision to uphold an earlier ruling that nixed 187 of SCO's 294 claims against IBM.

Those of you with a pulse know that SCO has been battling IBM over intellectual property issues tied to the Unix and Linux operating systems. When SCO first announced its lawsuit, investors rushed to back the small software maker, hoping they would be rewarded by a massive pay out when SCO defeated Big Blue. Over the past couple of years, however, SCO's share price has plummeted with judges throwing out many of the company's complaints and chastising SCO for failing to show evidence that IBM infringed its IP.

Groklaw has done a nice job of addressing the latest ruling against SCO. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Quit drooling, fanbois - haven't you SEEN what the iPhone 6 costs?
How keen will buyers be when exposed to the real price?
Ex-Autonomy execs: HP's latest wad blows apart fraud allegations
Top bods claim IT titan's latest court filing is smoking gun of 'reckless aggression'
Forget silly privacy worries - help biometrics firms make MILLIONS
Beancounter reckons dabs-scanning tech is the next big moneypit
Elon Musk says Tesla's stock price is too high ... welp, NOT ANY MORE
As Nevada throws the SpaceX supremo a $1.25bn bone
Microsoft's Office Delve wants work to be more like being on Facebook
Office Graph, social features for Office 365 going public
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.