SCO on the verge of bankruptcy

SCO, whose claim to the Linux kernel has touched off a firestorm in the open source realm, is on the verge of bankruptcy, according to court documents filed by legal opponent Novell, several publications reported.

SCO has also failed to pass on more than $26m in licensing fees from Sun Microsystems and Microsoft, as required by terms of a purchase agreement SCO struck with Novell, according to a motion for summary judgment filed in the case on Monday.

SCO on the verge of bankruptcy.

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