“The equity funding, which is subject to shareholder agreement,
will pump 12 million Euro (almost 12.1 million US$) into SuSE’s
growth strategy, and add to the momentum that the Linux community
has gained following the landmark Microsoft antitrust trial
ruling.”
“With the funds from Apax and Intel, we have acquired
international investors who, through their market expertise and
strategic network of contacts, will be instrumental in SuSE’s
expansion and IPO efforts,” commented Roland Dyroff, chairman of
SuSE Linux AG.”
“SuSE will channel funding into the establishment of new
sales and support offices and also toward the expansion of its
network of SuSE Business Partners. The company currently has
offices in the U.S. and throughout Europe.“