Thursday, December 27, 2007

A well deserved fate: SCO

Today the tech industry observed with pleasure as the bankrupt SCO Group announced that it had been delisted from NASDAQ. SCO spent most of its time and energy suing other firms over rights to the UNIX operating system. According to many industry pundits, there never seemed to be any real grounds for the court actions; the suits were widely viewed in the press as an extortion attempt.

In the long run SCO suffered its well deserved fate, and this evening many in Silicon Valley are raising a glass to celebrate the demise of this firm… now listed on the pink sheets as SCOXQ.PK for the grand price of ten cents per share.

SCO Receives Nasdaq Notice Letter