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SCO reorganization plan - $100M to go private


spinynorman
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It seems Stephen Norris Capital Partners "and its partners from the Middle East" have fallen in love with SCO's "vast range of products and services":

 

"We saw a tremendous investment opportunity in SCO and its vast range of products and services, including many new innovations ready or soon to be ready to be released into the marketplace," said Stephen Norris, managing partner for SNCP. "We expect to quickly develop these opportunities, and to stand behind SCO's existing base of customers and partners."

 

SNCP has developed a business plan for SCO that includes unveiling new product lines aimed at global customers. This reorganization plan will also enable the company to see SCO's legal claims through to their full conclusion.

 

Read more at Groklaw - there's even a tenuous Bill Gates connection...

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