[Gllug] [Lbc] Novell Announces Agreement to Acquire SUSE LINUX (fwd)

Chris Bell chrisbell at overview.demon.co.uk
Tue Nov 4 20:08:43 UTC 2003


Hello,
   This looks interesting.....

-- 
Chris Bell
---------- Forwarded message ----------
Date: Tue, 4 Nov 2003 16:56:03 +0000 (GMT)
From: Marc Thomas <marc at dragonfly.plus.com>
To: lbc at lists.linuxemporium.co.uk
Subject: [Lbc] Novell Announces Agreement to Acquire SUSE LINUX



FYI....


PROVO, Utah -(Dow Jones)- Novell Inc. (NasdaqNM:NOVL - News) agreed to
acquire enterprise Linux technology company SUSE Linux for $210 million in
cash and began talks with International Business Machines Corp. (NYSE:IBM
- News) to extend commercial agreements between IBM and SUSE Linux.
In addition, IBM plans to buy $50 million of Novell's convertible
preferred stock.

In a press release, Novell said it is negotiating with IBM to extend
agreements for the support of SUSE Linux on IBM's eServer and middleware
products.

The contract extension and the preferred stock investment are both
expected to close when Novell's acquisition of SUSE Linux is completed by
the end of January, subject to regulatory approval and other conditions.



_______________________________________________
lbc mailing list
lbc at lists.linuxemporium.co.uk
http://www.chygwyn.com/mailman/listinfo/lbc





-- 
Gllug mailing list  -  Gllug at linux.co.uk
http://list.ftech.net/mailman/listinfo/gllug




More information about the GLLUG mailing list