Middle East investors acquired troubled US software firm SCO Group
Middle Eastern investors of MerchantBridge and the previous co-founder of the Carlyle Group have jointly acquired the troubled US software firm The SCO Group.
UnXis, Inc. which is formed to acquire all the operating assets and intellectual property rights of The SCO Group has announced that the purchase has been completed.
MerchantBridge is an international private equity group which is backed by prominent merchant families from across the Gulf Cooperation Council. It has completed nine private equity transactions in the past five years, with an enterprise value of $4.5 billion and is listed in the Middle East Investors Directory with the code ORP13.
More details follows from their press release
April 20, 2011 |
Filed under Dubai Investors
Previous Post: Investcorp makes three real estate acquisitions in the US worth $120 million
Next Post: Sheikh Butti Bin Suhail Al Maktoum's Royal Emirates acquired Getafe for $130 million
Investors Directory 2024