Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

UnXis Completes Purchase of SCO Unix Assets

- New Vision and Leadership to Shape Future of SCO Unix Technology, Supported by New Team to Drive Innovation and Talent Acquisition


News provided by

UnXis, Inc. and MerchantBridge

11 Apr, 2011, 17:00 GMT

Share this article

Share toX

Share this article

Share toX

DUBAI, UAE, April 11, 2011 /PRNewswire/ -- UnXis, Inc. announced today that the purchase of The SCO Group, Inc. operating assets and intellectual property rights has been successfully completed with the transfer of the entire Unix operating systems and software solutions and employees of The SCO Group. UnXis now owns all intellectual property rights and assets related to SCO clearing the way for financial growth and pioneering technical improvements, under its new leadership.

UnXis is committed to investing $25 million over the next 18 months into product and technology developments, as well as building upon its world-class management, sales and customer support team. UnXis has retained all customer contracts, the UNIX and UNIXWARE trademarks and an installed base of 32,000 customer contracts maintained in 82 countries, including McDonald's, Siemens, Sperbank, China Post, Thomson Reuters and the US Department of Defense.

UnXis, Inc is owned jointly by Stephen Norris, previous co-founder of the Carlyle Group and MerchantBridge, a leading international private equity group with diverse interests operating from offices in the United Kingdom, Iraq, Saudi Arabia, Lebanon and the United Arab Emirates. MerchantBridge has completed nine private equity transactions in the past five years, with an enterprise value of $4.5 billion.

UnXis has appointed Richard A. Bolandz as CEO. Over the past twenty years, Bolandz has lead competitive strategy, corporate development and technology commercialization at organizations including Qwest Communications MCI Communications and UNISYS Global Outsourcing & Infrastructure Services.

Richard A. Bolandz, CEO of unXis commented today: "Our first commitment is to our customers, value added resellers and channel partners to support their existing needs as well as a whole new generation of hardware, software and trends of the cloud."

Eric le Blan, Vice Chairman of unXis and COO of MerchantBridge, continued by saying: "The acquisition of this exciting business is opening up vast opportunities within the IT sector and unXis is strategically positioned to aggressively grow in the coming months. We are delighted to announce that the entire staff of The SCO Group has accepted employment with unXis, Inc, and I thank them for their enthusiastic backing as well as SCO customers for their support. With the continuity provided by the team and the active role played by key customers, together with the expertise of the partners that we are bringing on board, we are strategically positioned to provide the most reliable, secure and scalable operating systems in such diverse environments as global cloud computing enterprises and small and medium-size businesses; such is the flexibility of our software solutions. We foresee our software becoming a critical component of the new Internet highways currently being developed in the Middle and Far East, from Riyadh to Beijing."

Under the new vision, unXis will focus on 3 immediate priorities:

- Industry-Leading Technology

Harnessing the unmatched reliability, scalability and security of Unix, the company has a dedicated vision to serve small and medium-size businesses, enterprise and OEM customers through development of a new generation of hardware, software and cloud computing.

- Collaborative Operating Model

The company is committed to collaborating with each customer across SCO's vast footprint across 82 countries to provide the best, customizable technology solution and support to drive their business forward.

- Best and Brightest Talent

The company is making an enormous investment in talent with some key strategic hires as well as doubling resources in engineering, technical support and customer relationship management.

"With today's completion of the acquisition, we have cleared the way for the rebirth of the Unix operating system that for nearly 30 years has reliably powered mission-critical information systems around the globe. With the purchase of these valuable assets complete, we can now focus 100 percent of our attention on bringing state-of-the-art technology capabilities to the Unix platform, improving customer service and support, whilst capitalizing on the robust and secure SCO Unix operating system for today's cloud-based systems." concluded Bolandz.

About unXis Inc.:

UnXis was formed by Stephen Norris and MerchantBridge to acquire all the operating assets and intellectual property rights of The SCO Group, Inc. http://www.sco.com

For more information please visit http://www.unxisco.com

About MerchantBridge:

MerchantBridge is an international private equity group established over a decade ago by a group of industry veterans. It is authorized and regulated by the FSA in London and also has offices in Lebanon, Iraq, Saudi Arabia and the United Arab Emirates. MerchantBridge specializes in identifying opportunities across the MENA region and Europe and executing on complex, cross-border opportunities, as well as offering corporate finance advisory services in select situations to multinational corporations and governments. Over the past five years MerchantBridge has completed nine private equity transactions in Europe, Canada and the Middle East. These investments have an enterprise value of $4.5 billion, generating an IRR in excess of 40 per cent on realised and unrealized private equity and direct investment transactions. Diversification, creative thinking and adherence to ethical principals are the pillars of MerchantBridge's success. In Iraq, MerchantBridge is already engaged in telecommunications ("Asiacell"), commercial banking ("Mansour Bank") and oil and gas services. http://www.merchant-bridge.com

MerchantBridge media enquiries to M: Communications:

Samantha Bartel al Khalaf: bartel@mcomgroup.com Mob: +44(0)754-544-0861

Mary Khamasmieh khamasmieh@mcomgroup.com Mob: +971-50-2731-753

Modal title

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.