Speaking to the IDG News Service ahead of a reseller forum in Las Vegas, SCO chief executive, Darl McBride slammed suggestions that the firm is over-burdened by legal fees relating to the many battles being fought with other businesses over the alleged use of Unix code in the development of the Linux operating system.
SCO has so far taken on IBM, Novell, DaimlerChrysler and Autozone in an attempt to assert its intellectual property rights over the open source operating system, and is facing a - currently stayed - libel lawsuit brought against it by Red Hat.
However, revealing that under a deal reached with the firm's lawyers, by January 2006 SCO will have paid for its legal fees "in perpetuity", Mr McBride explained that:
"We've got a cap on our legal expenses and our Unix business is profitable. If you put that together, you've got long-term sustainability."
He went on to add that:
"I don't spend a lot of time worrying about it. If it takes a year or 10 years, we'll have our day in court when we get there."
.
Network Tweets
Network BlogsContent
provided by
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment