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Ex-CEO Buys Piece of SCO

Darl McBride bought SCO’s Me Inc mobility business for a hundred grand cash the other day
By Maureen O'Gara
Article Rating:
April 9, 2010 11:15 PM EDT
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 341

Virtualizaton Track at Cloud Expo

Ex-SCO CEO Darl McBride bought SCO's Me Inc mobility business for a hundred grand cash the other day. It's an outright sale of all the company's mobile assets even the server hardware underlying it rather than the $35,000 plus a potential $100,000 payout under the original licensing arrangement originally proposed. Another company expressed interested but wanted clear title, effectively changing the terms of the deal. An auction was held but McBride was reportedly the only bidder. Now he'll be looking for investors.

Published April 9, 2010 – Reads 341
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Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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