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​SUSE acquired from Micro Focus by EQT

2018-07-02 17:54 by
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British company Micro Focus has agreed to sell its SUSE open-source enterprise software business to Swedish buyout group EQT Partners for $2.535 billion. The acquisition is subject to Micro Focus shareholder and regulatory approvals. It's expected to go through in early 2019.

SUSE is used by banks, universities and government agencies around the world and is a pioneer in enterprise-grade Linux software serving companies such as Air India, Daimler and Total.

Over the years, European Linux power SUSE has changed owners several times. First, it was acquired by Novell in 2004. Then, Attachmate, with some Microsoft funding, bought Novell and SUSE in 2010. This was followed in 2014, when Micro Focus purchased Attachmate and SUSE was spun off as an independent division.

What was once a solid Linux distribution for the enterprise is now a player in various open-source fields, with a focus on software-defined infrastructure and application delivery solutions, as well as other managed cloud services. The company currently has 1,400 employees and in 2017 it had sales of $320 million.

Read more -here-

 

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