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Former ??? FORMER !!!

Former ??? FORMER !!!

Posted Oct 13, 2003 12:41 UTC (Mon) by Wol (guest, #4433)
Parent article: Copyright Lawsuit Is Turnabout for SCO (New York Times)

"former sister company", "formerly controlled by Canopy" ...

I think you'll find another shell game is being played here - Canopy STILL controls Lineo ...

Someone posted the shareholdings on Groklaw or VarLinux ... Canopy still own about 44% of Lineo. Guess who owns a further 15%? SCO!

Cheers,
Wol


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Former ??? FORMER !!!

Posted Oct 13, 2003 17:45 UTC (Mon) by Thanatopsis (guest, #14019) [Link]

Groklaw shows it to be former. Here's the post:

Authored by: Anonymous on Monday, October 13 2003 @ 12:19 AM EDT PJ, I hope you the posts about the updated SCO FAQ in previous discussion.

Anyway:

1. http://old.lwn.net/2000/features/Lineo-IPO.phtml

QUOTE:

Ownership. The largest owner of Lineo stock is the Canopy Group - it has 44.4% of the company. Then comes Caldera Systems, which has 13.1%. The "real ownership" behind those shares could be seen to be Raymond Noorda and Ralph Yarrow, who control Canopy, though they "disclaim beneficial ownership." Dry Canyon Holdings has 8.2% - Bryan Sparks, Lineo's CEO, has an interest in Dry Canyon. Egan-Managed Capital has 6.1%.

2. http://zdnet.com.com/2100-11-527153.html?legacy=zdnn

"Lineo scraps IPO"


3. http://www.linuxdevices.com/news/NS3637903027.html

QUOTE:

Lineo, one of the first companies to sell Linux-based products and services to the embedded market, went through a series of layoffs and spinouts of former acquisitions during the past eighteen months, culminating in a recapitalization last April (when its assets were transferred to "Embedix Inc.").

4. http://lwn.net/Articles/18259/

Dec 2002

"Metrowerks to Acquire Key Assets of Embedix Inc"

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