“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…”
LinuxToday is a trusted, contributor-driven news resource supporting all types of Linux users. Our thriving international community engages with us through social media and frequent content contributions aimed at solving problems ranging from personal computing to enterprise-level IT operations. LinuxToday serves as a home for a community that struggles to find comparable information elsewhere on the web.
Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.
