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Computer Business Review: Novell Under Pressure from Investors

Sep 15, 2005, 17:30 (3 Talkback[s])
(Other stories by Matthew Aslett)

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"The pressure is growing on Novell Inc's management to make major strategic changes after a regulatory filing revealed a Novell shareholder has joined Credit Suisse First Boston in calling for change at the identity management and Linux vendor.

"Investment firm Blum Capital Partners LP owns or controls 5% of Waltham, Massachusetts-based Novell's outstanding shares, according to the filing, and has repeatedly called on Novell to take steps including cutting costs, divesting non-core businesses, and implementing a share repurchase program..."

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