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Just got this email - very
interesting.
-----Original
Message-----
From: NUI Membership Benefit Update [mailto:EINFO novell com] Sent: Tuesday, November 04, 2003 9:33 AM To: brad mugleston gwl com Subject: Novell Purchase of SUSE LINUX Novell Announces Agreement to Acquire Leading Enterprise Linux Technology
Company SUSE LINUX
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 - Press Release: http://www.novell.com/news/press/archive/2003/11/pr03069.html?sourceid=suse_nui_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 What do you think about all of this? Fill out this survey and you could win a prize. http://www.zoomerang.com/survey.zgi?G26XK7H2H21LNLQ3G9BVQ3MT =====================================
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