Micro Focus announced on July 2 that it is selling its SUSE business unit to growth investment firm EQT Partners, for a total cash consideration of $2.535 billion.
SUSE has changed ownership multiple times since the company was founded in 1992. Novell acquired SUSE for $210 million in November 2003 and helped to advance the company from a regional company into a global software player. Novell in turn was acquired in 2011 by Attachmate in a $2.2 billion deal. Three years later in 2014, Attachmate was acquired by Micro Focus for $2.35 billion.