The Santa Cruz Operation bought a portion of this, not including Tuxedo or the System V royalty stream for, around $53 million - mostly 6,127,500 shares of stock worth $43.773 million and the assumption of $9.3 million in liabilities for a total of about $53 million. They also agreed to pay royalties capped at $84 million net present value conditional on meeting certain sales milestones. Santa Cruz immediately wrote of $35.959 million of purchased R&D, leaving a net of about $17 million.

The accounting on both sides is seriously opaque in this pre-SOX era, Novell recorded a small profit and payment of $19 million in royalties as part of the deal. Without much evidence to support the guess, I'm putting Santa Cruz's actual cost for what they later sold to Caldera at $50 million.

When Caldera bought the Unix business from Santa Cruz, they paid $93.787 million. This, however was for both Unixware and OpenServer, so only around 2/3 of it is payment for what Santa Cruz received from Novell. So they paid $61 million for what Santa Cruz had bought for $50 million. $59.721 million of this was stock and options. The stock promptly crashed, and Santa Cruz (now Tarantella) wrote off almost all of this. Only $23 million was cash.

In valuing the purchased assets, Caldera allotted $66.080 million to goodwill, with the amusing result that the worthless goodwill is almost entirely paid for with worthless stock - a fair exchange, of sorts. I don't think either side was under any illusion that this wasn't the right way to look at it.

Caldera valued the combined OpenServer and UnixWare technologies at $5.8 million. The prize purchase was the reseller channel, which was valued at $26.7 million.