News Novell to Buy SuSE Linux for $210 Million

Discussion in 'Article Discussion' started by GreatOldOne, 5 Nov 2003.

  1. GreatOldOne

    GreatOldOne Wannabe Martian

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    From eWeek:

    From the company that turned away early Linux pioneers Bryan Sparks and Ransom Love, Novell Inc. is completing its reinvention by buying SuSE Linux AG for $210 million.

    The transaction is subject to regulatory approval and the resolution of shareholder agreements. It all goes well; Novell expects the transaction to close by the end of its first fiscal quarter, in January 2004.

    Novell's move follows on the heels of its acquisition of open-source developer Ximian Inc. in August. These two acquisitions will make Novell, according to Novell representatives, the first billion dollar Linux software company.


    More here
     
  2. Dad

    Dad You talkin to me?

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  3. GreatOldOne

    GreatOldOne Wannabe Martian

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    Ah - for once someone beats me to it. :D
     
  4. Dad

    Dad You talkin to me?

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    Hehehehe....

    I'm a news geek too. I just don't usually have the time to post headlines durring the day when I'm at work...
     
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