SCO Group Gets $2M In Funding

Lindon, Utah-based The SCO Group, the firm behind a long running software lawsuit over the Linux operating system, announced today that it has received $2M in funding, with approval of the Bankruptcy Court. According to SCO, the funding came from an un-named group of private lenders. SCO said the new funding will go towards operating and administrative expenses, as well as litigation-related expenses for the firm. The firm said the funding allows it to continue its lawsuit against both IBM and Novell, as well as continue to support its UNIX customer base. SCO has been looking to sell off parts of the firm to help support its legal effort against IBM and Novell. More information »