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Posted 14 May 2001   For week ended May 11, 2001
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Sent on Mormon-News: 11May01

By Kent Larsen

LDS-run Firm Now Largest Linux Company

OREM, UTAH -- Caldera Systems announced Monday that it had completed the acquisition of two divisions of The Santa Cruz Operation, which makes it now the largest Linux company in the world. Caldera's claim comes by virtue of its sales, support and representation in 82 countries worldwide.

Caldera also now has the largest network of reseller, including some 15,000 companies around the world that sell and market its products. This network of resellers gives Caldera access to a wide range of customers, and allows those customers to find application hardware providers whose products work with Caldera's software. "With the completion of this acquisition, Caldera will be the only company to offer a standard unified platform that allows Linux applications to scale to the enterprise utilizing the power, maturity and stability of UNIX. It's a first..." says Ransom Love, Caldera International's CEO and an LDS Church member.

However, analysts have expressed skepticism over the sale, and since its announcement last November the company's stock price has, at best, not fallen as much as the general market. But in one respect,the deal gives Caldera an advantage over Linux market-leader Red Hat since SCO's software gives Linux high-end features, such as the ability to run software on multiple computers.

Under the terms of the transaction with SCO, Caldera is paying $23 million in cash, $8 million in notes due the second year after the acquisition, and 16 million shares of stock.


Caldera Completes Acquisition of Two SCO Divisions; Becomes Largest Linux Company in the World with Global Services/Support
Business Wire 7May01 B4

SCO Announces Official Closing of Sale of Two Divisions to Caldera
PRNewswire 7May01 B4


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