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Darl Buys (Not Licenses) SCO's Mobility Assets for $100,000 - Updated 3Xs

By Pamela Jones et al.

First word from the bankruptcy hearing today on Darl McBride's offer to buy (and license the IP) SCO's mobility assets. Groklaw's UD has this quick report, with more to come later:

Just got out of the SCO BK hearing a little bit ago and thought I'd send a quick update for you.

The sale of the mobility business to Darl was approved, but he ended up paying $100,000 for it instead of the original $35,000 because there was a second bidder that responded to the sale ad in the newspaper. They had an auction this past Monday with a minimum bid of $100,000 for the outright sale of the assets. Darl bid, the other party didn't. The judge approved the sale.

More a little later when I don't have to type on my phone...

Update: Note that this was a *sale*, including the IP, not Darl licensing it, as originally proposed. Is there a word for the opposite of bait and switch?

And SCO has been given more time to respond to Novell's Supreme Court petition:

Mar 26 2010 - Order extending time to file response to petition to and including May 7, 2010.

Full post as published by Groklaw on April 07, 2010 (boomark / email).