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Nov 22 2010   11:20AM GMT

Novell gets purchased by an Unknown

David Vasta David Vasta Profile: David Vasta

LINK :: http://www.marketwatch.com/story/novell-lands-buyout-deal-worth-22-billion-2010-11-22?reflink=MW_news_stmp

Under terms of the deal announced Monday, an entity called Attachmate Corp. will acquire Novell and operate the company as two different business units. Novell will operate separately from its SUSE open-source business.

Attachmate is owned by an investment group led by Francisco Partners, Golden Gate Capital and Thoma Bravo. The firm said it will add the Novell businesses to its own Attachmate and NetIQ businesses.

I like Novell and think they had some pretty decent products. The Open Source Linux side is the most important to me now. I hope the let them continue that work or sell that off to someone who cares.

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