MESSAGE
| DATE | 2010-11-22 |
| FROM | From: "Paul Robert Marino"
|
| SUBJECT | Re: [NYLXS - HANGOUT] "Novell also plans to sell some intellectual property assets for $450 million to a consortium of technology companies organized by Microsoft." Argh!
|
If you remember earlier this year I predicted that based on microsofts activity that we could expect to see a linux version of Microsoft Office shortly after Samba 4 became stable. Well this ties right into it. Yes the idea of a "MS Linux" does not supprise me at this point, although it does disturb me. The thing that I'm realy woried about is microsoft owning all of novels copyrights and patents. If you remember back to the days of the sco law suit the thing that saved Linux in the courts was the fact that the code in question was actualy owned by novel and ibm bribed novel to get involved on the side of linux by giving them SuSE. it may not just be time to find a new distro but a new kernel. Any one know how HURD development is going these days?
-----Original Message-----
From: einker
Subj: Re: [NYLXS - HANGOUT] "Novell also plans to sell some intellectual property assets for $450 million to a consortium of technology companies organized by Microsoft." Argh!
Date: Mon Nov 22, 2010 4:45 pm
Size: 2K
To: hangout-at-mrbrklyn.com
All Suse users are now officially screwed ....
On Mon, Nov 22, 2010 at 4:32 PM, swd wrote:
> The end if openSuse?...
>
>
> http://dealbook.nytimes.com/2010/11/22/novell-to-be-sold-for-2-2-billion/?hp
> w
>
> November 22, 2010, 8:56 am
> Novell Being Acquired for $2.2 Billion
> By EVELYN M. RUSLI
>
> 9:58 a.m. | Updated
> Novell, the software maker, said on Monday that it had agreed to be
> acquired
> by the Attachmate Corporation for $2.2 billion in cash.
>
> Novell also plans to sell some intellectual property assets for $450
> million
> to a consortium of technology companies organized by Microsoft.
> Attachmate's
> takeover is contingent on the successful closing of the sale.
>
> Novell, a company that specializes in enterprise infrastructure software,
> will add to Attachmate's portfolio of software brands, which includes its
> namesake line and NetIQ (acquired in 2006). Attachmate has effectively
> served as an acquisition vehicle, led by a trio of private equity firms:
> Francisco Partners, Golden Gate Capital and Thoma Bravo. In 2005, the
> investment team purchased Attachmate for an undisclosed sum and immediately
> merged it with an earlier buyout, WRQ.
>
> The offer of $6.10 a share represents a premium of 28 percent above
> Novell's
> closing share price on March 2, Novell said in its statement. That is when
> the hedge fund Elliott Associates said said it had offered to buy the
> company for $5.75 a share, or $2 billion - an offer that the board of
> Novell
> rejected as "inadequate."
> Under this new deal, Elliott will stay on as an equity shareholder of
> Attachmate, according to the news release.
> The offer is a 9.1 percent premium from Novell's closing stock price on
> Friday.
>
> Although the deal represents a premium for Novell shareholders, some
> analysts say the transaction highlights the challenge of putting a
> sprawling
> company like Novell on the auction block. The Novell deal stands in
> contrast
> to the rest of the technology sector, which has had a wave of mergers and
> acquisitions this year, often at rich premiums, Richard Williams, an
> analyst
> for Cross Research, said. The value of third quarter deals rose 48 percent
> from the year-ago period, according to a recent report by Ernst & Young.
>
> "I'm surprised the deal got done," Mark Schappel, a Benchmark Capital
> senior
> software analyst said. "Novell is a very difficult deal to get done,
> there's
> a lot of moving parts."
> Even though a lot of players were in the market, none of them wanted all of
> Novell, he said.
>
> Founded in 1983, Novell rose to prominence for its network operating
> system,
> Netware. However, in the mid-1990s, the company started to make
> acquisitions
> to become more competitive in the enterprise space, picking up companies
> like Cambridge Technology Partners, Unix System, SilverStream Software ,
> Ximian and SUSE, a linux
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