13 April 2011, 12:15
UnXis takes over SCO's Unix business
As already planned two years ago, UnXis has now taken over SCO's entire Unix business, including its intellectual property. In February, SCO had informed its partners that it intended to present the transaction to the responsible bankruptcy court for approval. The court has ruled that UnXis now owns "all intellectual property rights and assets related to SCO free and clear of any encumbrances and retained obligations ". The purchase price hasn't been disclosed.
UnXis was formed by investor Steven Norris, who has been interested in SCO since early 2008, and the London-based investment firm MerchantBridge, with the aim of acquiring SCO's business, the company said in a press release.
See also:
- SCO vs. Linux: The story so far, a summary of all the SCO vs. Linux reports from The H.
(crve)
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