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SCO and IBM - The saga continues
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Written by Gizmo   
Monday, 09 October 2006 07:04

Read the full story at GrokLaw:

'IBM reveals that SCO alleged that it was IBM that got BayStar to threaten litigation against SCO and to terminate its business relationship. BayStar denies it, as does IBM. If you noticed a Declaration by Larry Goldfarb on the list of exhibits [PDF], this is what it's about. He provided a declaration for IBM stating that SCO's allegations aren't true. A lot of folks have done so too, and so IBM is now asking the court to toss out these three SCO claims.

BayStar, Goldfarb testifies, dumped SCO because its stock price, financial performance and the viability of its UNIX products all appeared to be in decline, and he "was also very concerned about SCO's high cash burn rate." Pure financial animals get nervous when that happens. But the kicker was he began to realize that Microsoft, whose senior VP of corporate development and strategy had promised that Microsoft would in some way guarantee the SCO investment, started showing signs it might not do that after all:

"Mr. Emerson and I discussed a variety of investment structures wherein Microsoft would 'backstop,' or guarantee in some way, BayStar's investment.... Microsoft assured me that it would in some way guarantee BayStar's investment in SCO."' 

This stuff just keeps coming.  Apparently, in addition to the above, SCO has accused IBM of interfering with SCO's business opportunities.  In a (not) surprising move, however, SCO has failed to provide a detailed list of exactly HOW IBM has interfered with SCO's business opportunities.

Do these guys just wake up in a new world every day?  Comment in the forums!

 
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