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Beleaguered Novell Buoyed by VMware Linux Deal

Sep 03, 2010, 17:06 (0 Talkback[s])
(Other stories by Darryl K. Taft)

"Despite faltering financial results, Novell pushes on with partnerships such as that with VMware for the SUSE Linux Enterprise Server for VMware.

"Just when things were beginning to look pretty bleak for Novell, in comes a new partnership with an old friend to help the beleaguered company along.

"In its latest financial results Novell reported net revenue of $199 million for its third fiscal quarter of 2010, which was down from net revenue of $216 million for the same period in 2009. Moreover, net income for the third quarter of 2010 was about $16 million, whereas it was $17 million for the same period a year ago."

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