Linux Today: Linux News On Internet Time.

Novell fattens net in bad financial times

May 29, 2009, 16:34 (0 Talkback[s])
(Other stories by Steven J. Vaughan-Nichols)

[ Thanks to Steven J. Vaughan-Nichols for this link. ]

"Novell also saw a bit of growth in its Identity and Security Management division. Workgroup product revenue, which was the single biggest profit center, with $79 million of revenue, saw a decrease of 14% year over year. This area, the old NetWare business under a different name, will continue to decline as more and more businesses move away from NetWare.

"Novell managed its increase by making large cuts in sales and marketing expenses and smaller cuts in product development and overhead costs. Even taking that into consideration, this was a step up from Novell's last quarter."

Complete Story

Related Stories: