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Novell: Ready to Buy

Feb 07, 2008, 13:45 (6 Talkback[s])
(Other stories by Aaron Ricadela)


Re-Imagining Linux Platforms to Meet the Needs of Cloud Service Providers

"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..."

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