Submitted on the 28th of January, 2011
UnXis Inc. announced today that it has been selected as the buyer for the software product business of The SCO Group Inc. (Pink Sheets: SCOXQ) www.sco.com a leading provider of UNIX ® software technology. On February 16, 2011 the sale will be submitted for approval to the Bankruptcy Court where SCO’s chapter 11 case is pending.
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 .
Mark Fisler, of Ocean Park Advisors, the financial advisors to the chapter 11 trustee for SCO, stated: “Following a vigorous marketing and sales process, we are satisfied that this transaction is in the best interest of SCO customers, employees and business partners.”
Outside the auction room, Eric le Blan, Vice Chairman of UnXis, commented: “We have acquired a great business with marquise customers worldwide. We look forward to building upon it not only to serve the long unmet needs of existing customers; but also to introduce features and functionality for an entirely new generation of customers and products involved in the emerging cloud computing environment and software arena. Our product management team is developing road maps and feature lists in concert with SCO customers that will support the enterprise computing needs of our customers far into the future.
New feature sets will reflect customer’s high performance computing priorities which include migration to a 64 bit processing environment and to incorporate such features as virtualization, clustering, and biometric authentication which are increasingly demanded for high performance “cloud” computing environments in which software is sold as a service. We are extremely confident that, with the support of our customers and business partners, we will rapidly restore SCO to its former glory and that UnXis will soon emerge as a major player in the information technology industry.”
In order to maintain continuity with SCO customers and strategic partners and to insure a smooth management transition, UnXis has further announced that it has retained substantially all of the sales, support and technology professionals, thereby preserving the strong customer focus that has always been central to the corporate culture of SCO.
Hans Bayer, Vice President of SCO Worldwide Sales remarked: “ We are delighted that after years of shifting targets, under the UnXis ownership, we now will be prepared to create a truly customer driven, fully supported, open systems platform for enterprise computing .”