Xinuos: Difference between revisions

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Neither of those plans went forward,<ref name="slt-2011-0"/> and instead in June 2009 a new proposal emerged from a combination of [[Gulf Capital Partners]], of which Stephen Norris was an investor, and [[MerchantBridge]], a London-based, Middle East-focused private equity group, to create an entity called UnXis, which would then buy SCO's software business assets for $2.4 million.<ref name="ars-2009">{{cite news | url=https://arstechnica.com/information-technology/2009/06/sco-wants-to-keep-waging-legal-war-after-24m-asset-sale/ | title=SCO wants to keep waging legal war after $2.4M asset sale | author-first=Ryan | author-last=Paul | work=Ars Technica | date=June 23, 2009}}</ref><ref name="dh-2009"/> At that point the SCO Group had fewer than 70 employees left.<ref name="dh-2009">{{cite news | url=https://www.newspapers.com/image/467096133/?terms=unxis | title=SCO to resume fight with Novell, IBM | author-first=Grace | author-last=Leong | newspaper=Daily Herald | location=Provo, Utah | date=August 26, 2009 | page=B4 | via=Newspapers.com}}</ref>
 
That plan, too, did not move forward. In April 2010, SCO's mobility software assets were sold to its former CEO, [[Darl McBride]], for $100,000.<ref>{{cite news | url=http://techrights.org/2010/04/17/sco-gets-more-money/ | title=SCO Receives More Money From Darl McBride; Novell-SCO Resumes Monday | author-first=Roy | author-last=Schestowitz | publisher=Techrights | date=April 17, 2010}}</ref>{{unreliable source}} In September 2010 the SCO Group put up the remainder of its non-lawsuit assets for public auction.<ref name="iw-2010">{{cite news | url=https://www.infoworld.com/article/2626062/sco-puts-unix-assets-up-for-auction.html | title=SCO puts Unix assets up for auction | author-first=Joab | author-last=Jackson | magazine=InfoWorld | date=September 16, 2010}}</ref>
Thus in February 2011, another proposal was made, this time for $600,000, with this iteration of UnXis being backed by Norris, MerchantBridge, and [[Gerson Global Advisors]].<ref name="slt-2011-0">{{cite news | url=https://archive.sltrib.com/article.php?id=51223086&itype=CMSID | title=Utah's SCO in deal to sell Unix operating system | author-first=Tom | author-last=Harvey | newspaper=The Salt Lake Tribune | date= February 14, 2011}}</ref>