[CLUE-Tech] Interesting news

[Mike Miller]

I don't know whether to laugh or cry. I LOVE SuSE (quite a bit more than
RH)...I HATE Novell.

Here's hoping something good comes of this, but I'm not holding my
breath.

> -----Original Message-----
> From: clue-tech-admin at clue.denver.co.us 
> [mailto:clue-tech-admin at clue.denver.co.us] On Behalf Of Jeffrey Brown
> Sent: Tuesday, November 04, 2003 8:59 AM
> To: clue-tech at clue.denver.co.us; lug at lug.boulder.co.us
> Subject: [CLUE-Tech] Interesting news
> 
> 
> Novell Announces Agreement to Acquire Leading Enterprise 
> Linux Technology Company SUSE LINUX
> 
> Novell's newest Linux acquisition demonstrates its continuing 
> commitment to the open source model and developer community. 
> Also, IBM has demonstrated its recognition of Novell's 
> leadership in Linux by making an equity investment in Novell 
> and will negotiate extensions to a commercial agreement with 
> Novell/SUSE LINUX to support the IBM eServer line.
> 
> 
> ================================================== 
> Novell today announced it has entered into an agreement to 
> acquire SUSE LINUX, one of the world's leading enterprise 
> Linux companies, expanding Novell's ability to provide 
> enterprise-class services and support on the Linux platform. 
> With the open source expertise of SUSE LINUX and Novell's 
> world-class networking and identity solutions and support, 
> training and consulting services, Novell will be able to 
> deliver Linux and all its components -- from the server to 
> the desktop -- and give organizations a secure, reliable and 
> mature Linux foundation. Novell will pay $210 million in cash 
> to complete the acquisition. The transaction is subject to 
> regulatory approval and the winding up of shareholder 
> agreements. Novell expects the transaction to close by the 
> end of its first fiscal quarter (January 2004).
> 
> This latest move follows Novell's August purchase of Ximian, 
> a leader in Linux server and desktop solutions, and further 
> demonstrates Novell's ongoing commitment to provide customers 
> a full range of Linux solutions. Both the Ximian and SUSE 
> LINUX acquisitions affirm Novell's commitment to promoting 
> the open source model and developer community.
> 
> Novell today also announced that IBM intends to make a $50 
> million investment in Novell convertible preferred stock. In 
> addition, Novell and IBM are negotiating extensions to the 
> current commercial agreements between IBM and SUSE LINUX for 
> the continued support of SUSE LINUX on IBM's eServer products 
> and middleware products, and to provide for product and 
> marketing support arrangements related to SUSE LINUX. Both of 
> these agreements will be effective when the acquisition of 
> SUSE LINUX by Novell is completed.
> 
> ================================================== 
> LINKS
> ==================================================
> 
> For More Information please visit 
> http://www.novell.com/news/press/archive/2003/11/pr03069.html?
sourceid=suse_dev_press


Press Conference Invitation
Novell and SUSE LINUX will hold a press conference at 11 a.m. EST (5
p.m. CET)) to discuss the transaction in greater detail. The press
conference can be heard live at http://www.novell.com/webcast 

Talk Back
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