Whatever happened to SCO?

I notice that IBM has dropped its patent infringement suit against SCO. Now I know you're thinking it was SCO that sued IBM for patent infringement, but it turns out that in 2003 IBM contersued SCO. Part of IBM's contersuit included infringement of several IBM patents, but IBM has now dropped that part of its contersuite. Why? Well amusingly because they don't think SCO has enough money left to make it worthwhile.

I checked SCO's financials and indeed their last three quarters show a they are losing at least $2M a quarter, and as of the end of July they had a scant $10.5M cash and $11.3M net tangible assets. At that rate they may well be history with a year at which point I wouldn't put it past IBM to gobble up the SCO name and acquire all their remaining customers who apparently still generate around $9M in revenue a quarter.