Immediate
Press
Release
January
26,
2011
UnXis
Group
Acquires
SCO
Salt Lake City, Utah, USA
UnXis Inc. announced today that it has been selected as the buyer for the
software product business of The SCO Group Inc. (Pink Sheets: SCOXQ)
www.sco.com the leading provider of UNIX ® software technology. On
February 16, 2011 the sale will be submitted for approval to the Bankruptcy
Court where SCO’s chapter 11 case is pending.
The acquisition of SCO by UnXis puts a definitive close to years of uncertainty
and speculation surrounding the future of SCO OpenServer and UnixWare
product lines by UnXis.
Mark Fisler, of Ocean Park Advisors, the financial advisors to the Chapter 11
trustee for SCO, stated: “Following a vigorous marketing and sales process, we
are satisfied that this transaction is in the best interest of SCO customers,
employees and business partners.”
Outside the court room, Eric le Blan, Vice Chairman of UnXis, commented:
“We have acquired a great business with marquise customers in eighty one
countries worldwide. We look forward to building upon it not only to serve the
long unmet needs of existing customers; but also to introduce features and
functionality for an entirely new generation of customers and products involved
in the emerging cloud computing environment and software as a service arena.
Our product management team is working with our channel partners to develop
product road maps and feature lists in concert with SCO customers that will
support the enterprise computing needs of our customers far into the future.”.......(read more on link)
