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Tuesday, November 04, 2003

 

Novell to acquire SuSE Linux | CNET News.com  

Novell to acquire SuSE Linux | CNET News.com: "Novell to acquire SuSE Linux
Last modified: November 4, 2003, 5:30 AM PST
By Stephen Shankland
Staff Writer, CNET News.com


Longtime Microsoft foe Novell has signed an agreement to acquire SuSE Linux for $210 million in cash, while IBM, the most powerful backer of the Linux OS, will make a $50 million investment in Novell.
The moves, announced Tuesday, could boost the fortunes of SuSE, the No. 2 seller of Linux, increase the competitive pressure on No. 1 Red Hat, and provide a new direction for Novell's rivalry with Microsoft.


What's new:
Novell agrees to buy SuSE Linux for $210 million in cash, and IBM plans a $50 million investment in Novell.
Bottom line:
The deals promise to dramatically alter the Linux landscape, boosting the fortunes of No. 2 SuSE, increasing the competitive pressure on No. 1 Red Hat and providing a new direction for Novell's rivalry with Microsoft.
For more info:
Track the players The SuSE deal is the second Linux acquisition for the Provo, Utah-based company, which bought desktop Linux software specialist Ximian in August. "




Well, if Novell's history of acquisitions is any indication at all, you can confidantly expect SuSE to be broke and spun off by Novell inside of a year or so. It's too bad. I regarded SuSE as our one hope to have a consumer-targeted Linux company.


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