“Novell, the struggling software maker once among the computer
industry’s best known names, is trying to reclaim relevance through
an embrace of open-source software and a détente with
onetime rival Microsoft. Now, having stemmed a multiyear revenue
decline and beefed up its balance sheet, Novell plans to start
acquiring smaller software companies in a quest for growth.“Novell is flush with cash–$1.86 billion as of the end of its
fourth quarter, about twice annual revenue…”
Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.
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