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internetnews.com: Novell Acquires SUSE and IBM Tosses In

Nov 04, 2003, 20:26 (25 Talkback[s])
(Other stories by Jim Wagner)

"With eyes fixed on the burgeoning Linux enterprise market, networking software specialist Novell on Tuesday announced plans to shell out $210 million in cash to acquire Germany's SUSE Linux AG.

"The SUSE acquisition is Novell's second major deal in the enterprise Linux space, coming just a few months after the purchase of Ximian, a Boston, Mass.-based provider of Linux desktop, management and groupware technologies.

"Jack Messman, Novell chairman and CEO, said in a press conference this morning, most of the 399 employees at SuSE Linux would retain their jobs after the acquisition is completed, though some of the overlapping administrative functions would be eliminated. He emphasized the German headquarters for SUSE would remain in place..."

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Related Story:
SUSE: Novell Announces Agreement to Acquire Leading Enterprise Linux Technology Company SUSE LINUX(Nov 04, 2003)