Remember SCO? Yeah, me neither. But the company that once made a name for itself by existing solely to sue people now owes it’s biggest victim, Novell, $2.54 million plus interest.

The story breaks down like this: SCO believed that Novell and other companies who used Linux were actually using UNIX SVRX source code illegally inside the Linux kernel. After independently verifying the code, SCO discovered that Linux was free of SRVX code and that in fact Novell owned the rights to SRVX. Bloops!

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Oh, how far the mighty have fallen. If you remember, SCO was patent trolling back in the day over UNIX and Linux. They sued a number of folks, including IBM, and then sunk into the muck of late, losing cash as it went. In short, they were suing everybody who looked at their code wrong, ensuring a steady stream of work for their in-house lawyers. Now, however, their hard work has paid off and they’re being delisted from NASDAQ due to Chapter 11 bankruptcy. Time to hit the penny stock boards, boys! Pump and dump here we come!

SCO Receives Nasdaq Notice Letter [PRNewswire]

Since 2003, SCO has been fighting bigger and bigger enemies in hopes of enforcing its UNIX patents. Well, a judge has just decided the SCO has no hold on UNIX patents and that Novell owns all of them. The graph you see here is what happened to their stock price when the news hit.

SCO makes and sells nothing of any interest. Their M.O. thus far has been simple — enforce dubious patents on UNIX and Linux and bet on the big money that is sure to follow. With this decision, however, their days are numbered.
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