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..."