Calerda, SCO expand acquisition agreement

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Author: JT Smith

From PR Newswire: Caldera Systems,
Inc., (Nasdaq: CALD) and The Santa Cruz Operation, Inc. (SCO) (Nasdaq: SCOC)
today announced they have amended the agreement to purchase the SCO Server
Software and Professional Services divisions by Caldera Systems. Under the
terms of the new agreement, the SCO OpenServer product line will be included
as part of the proposed SCO Server Software Division acquisition, giving
Caldera complete ownership of SCO’s operating system products. In the
original agreement announced on August 2, 2000, SCO retained the SCO
OpenServer intellectual property and Caldera purchased the rest of the SCO
server business and acted as sole distributor for SCO OpenServer products.