Guest #1 November 4, 2003 Very interesting... Novell Announces Agreement to Acquire Leading Enterprise Linux Technology Company SUSE LINUX Novell today announced it has entered into an agreement to acquire SUSE LINUX, one of the world's leading enterprise Linux companies, expanding Novell's ability to provide enterprise-class services and support on the Linux platform. With the open source expertise of SUSE LINUX and Novell's world-class networking and identity solutions and support, training and consulting services, Novell will be able to deliver Linux and all its components -- from the server to the desktop -- and give organizations a secure, reliable and mature Linux foundation. Novell will pay $210 million in cash to complete the acquisition. The transaction is subject to regulatory approval and the winding up of shareholder agreements. Novell expects the transaction to close by the end of its first fiscal quarter (January 2004). This latest move follows Novell's August purchase of Ximian, a leader in Linux server and desktop solutions, and further demonstrates Novell's ongoing commitment to provide customers a full range of Linux solutions. Both the Ximian and SUSE LINUX acquisitions affirm Novell's commitment to promoting the open source model and developer community. Novell today also announced that IBM intends to make a $50 million investment in Novell convertible preferred stock. In addition, Novell and IBM are negotiating extensions to the current commercial agreements between IBM and SUSE LINUX for the continued support of SUSE LINUX on IBM's eServer products and middleware products, and to provide for product and marketing support arrangements related to SUSE LINUX. Both of these agreements will be effective when the acquisition of SUSE LINUX by Novell is completed."The mouse does not know life until it is in the mouth of the cat." Quote Share this post Link to post Share on other sites
AggieDave 6 #2 November 4, 2003 This has been talked about for a while, though right? I seem to sort of remember reading something about it on /. a few weeks ago.--"When I die, may I be surrounded by scattered chrome and burning gasoline." Quote Share this post Link to post Share on other sites
indyz 1 #3 November 4, 2003 Just read about it on El Reg. This is potentially very good news for me, seeing as how I'm the sole Linux guy in a Novell shop. Quote Share this post Link to post Share on other sites
CrazyIvan 0 #4 November 4, 2003 Novell & Linux...WAY WAY better than Microsoft. Yup, you guessed it...I'm a Novell guy.__________________________________________ Blue Skies and May the Force be with you. Quote Share this post Link to post Share on other sites
lummy 4 #5 November 4, 2003 Hmmm.... Just read this about Red Hat . OOPS, I guess I need to keep up on some things. Guess it's time reaquaint myself with freebsd... Although Novell n Suse would be BERRY BERRY interesting, provided it doesn't flop like unixware :(I promise not to TP Davis under canopy.. I promise not to TP Davis under canopy.. eat sushi, get smoochieTTK#1 Quote Share this post Link to post Share on other sites
JoeyRamone 0 #6 November 4, 2003 Novell & Linux...WAY WAY better than Microsoft. *** Compare company revenues and profits then. Quote Share this post Link to post Share on other sites
