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UnXis Claims It's the "Selected Buyer" of SCO Software Business; Will Restore it to Glory

By Pamela Jones et al.

UnXis has put out a press release [PDF] saying that UnXis is the "selected buyer" for SCO's "software product business". H-Online has more details. While the press release mentions in passing that they still have to present the deal to the court on February 16, they make it sound like a done deal:

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.

Well, not yet. Eric Le Blan, now called Vice Chairman of UnXis, is quoted as speaking "outside the courtroom", of all odd things to mention in a press release. Who is he supposed to be talking to for a press release? Is this more SCO street theater? Le Blan says UnXis will restore SCO to its "former glory". And "UnXis will soon emerge as a major player in the information technology industry."

Uh oh. There seems to be a disconnect with reality in this picture. UnXis has no history in software. What I keep remembering is that UnXis tried to buy SCO once before, and the court wouldn't let it happen. Maybe the press release is to impress the judge. Who else would believe it at this point? Investors, maybe? You can't find a dumber bunch, from all we've seen in the SCO saga.

I take this more as PR for the court and for the market, because while they talk like it's a done deal, unless the fix is in, the Delaware court has to approve this proposed deal, and there could be objections filed still.

Full post as published by Groklaw on February 04, 2011 (boomark / email).