Feeds

SCO 'disappointed' as shares plunge 70 per cent

Sue it forward

Security for virtualized datacentres

Mimicking a scene from Monty Python's The Holy Grail, the SCO Group has issued a statement declaring that it's not dead yet.

Last week, a judge dealt a devastating blow to SCO's legal actions against both Novell and IBM. He ruled that Novell does in fact own the copyrights to Unix and Unixware. In addition, the judge gave Novell the go ahead to tell SCO to drop its claims against IBM and said Novell is owed some money from SCO's licensing deals.

All in all, many industry watchers pegged the decision as the wooden stake driven through the heart of SCO's ghoulish penguin hunt.

Not so, according to SCO. Probably . . .

"The company is obviously disappointed with the ruling issued last Friday," SCO said today in a statement. "However, the court clearly determined that SCO owns the copyrights to the technology developed or derived by SCO after Novell transferred the assets to SCO in 1995.

"This includes the new development in all subsequent versions of UnixWare up through the most current release of UnixWare and substantial portions of SCO UnixWare Gemini 64. Also, SCO owns the exclusive, worldwide license to use the UnixWare trademark, now owned by The Open Group.

"What's more, the court did not dismiss our claims against Novell regarding the non compete provisions of the 1995 Technology License Agreement relating to Novell's distribution of Linux to the extent implicated by the technology developed by SCO after 1995. Those issues remain to be litigated."

SCO continues to weigh its options for suing forward.

Meanwhile, SCO's stock dropped - oh - more than 70 per cent today, leaving SCOX at 43 cents per share, as of this writing. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
It's Big, it's Blue... it's simply FABLESS! IBM's chip-free future
Or why the reversal of globalisation ain't gonna 'appen
IBM storage revenues sink: 'We are disappointed,' says CEO
Time to put the storage biz up for sale?
'Hmm, why CAN'T I run a water pipe through that rack of media servers?'
Leaving Las Vegas for Armenia kludging and Dubai dune bashing
Microsoft and Dell’s cloud in a box: Instant Azure for the data centre
A less painful way to run Microsoft’s private cloud
Facebook slurps 'paste sites' for STOLEN passwords, sprinkles on hash and salt
Zuck's ad empire DOESN'T see details in plain text. Phew!
Windows 10: Forget Cloudobile, put Security and Privacy First
But - dammit - It would be insane to say 'don't collect, because NSA'
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
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.