"Wall Street may be cautious on Linux these days, but that's
not discouraging Dirk Hohndel, chief technology officer of German
software and services firm SuSE."
"Yes, we are planning a public offering," Hohndel said in an
interview with CNET News.com. Though he declined to offer further
details, such as when the IPO might take place, SuSE spokesman
Carter Kohlmeyer said in an earlier interview that an offering
likely would be structured to take advantage of stock markets in
both the United States and Europe."
"The move is bold, given the troubles experienced by support
firm Linuxcare, layoffs at TurboLinux and the overall cooling trend
affecting Linux firms."
"Although SuSE wasn't profitable last year, it was in 1998 and
garnered a substantial $21.4 million in revenue for 1999."
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