Market's "Largest Linux Vendor" is Now Novell
$210 million cash acquisition of SUSE paves the way for IBM investment in Novell
By: Linux News Desk
Jan. 13, 2004 12:00 AM
"2004 will be the year of Linux," says Richard Seibt. As the former CEO of SuSE, now joining Novell to continue managing SUSE LINUX as President, he ought to know.
In a statement made today, Novell reminded the world that there is another Linux show about to drop, in the form of a $50 million injection from IBM now that the SUSE acquisition is complete: the closing of the SUSE LINUX acquisition, the statement said, "fulfills conditions for the $50 million investment by IBM in Novell announced Nov. 4."
Novell CEO Jack Messman was understandably elated. "With SUSE LINUX," he said, "and Ximian [which Novell already acquired last year], we gain some of the best open source developers in the market, and we want to leverage those capabilities in our development efforts across the entire product line. Novell now offers a full range of enterprise solutions on the Linux platform, from the server to the desktop."
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