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Ring the Bell: Novell Is Acquired by Attachmate for $2.2 Billion

Written By: Jorge Garcia
Published On: November 24 2010

According to a recent news item in Computerworld, Attachmate will acquire Novell in a $2.2 billion deal. Novell also agreed to sell some intellectual property assets to CPTN Holdings, a consortium led by Microsoft.

With this deal, Attachmate, a company known as a provider of terminal emulation and enterprise fraud management software, will expand its reach by offering   networking and virtualization software, as well as providing the SUSE Linux operating system.

The article cites Ron Hovsepian, president and CEO of Novell: "After a thorough review of a broad range of alternatives to enhance stockholder value, our board of directors concluded that the best available alternative was the combination of a merger with Attachmate Corp. and a sale of certain intellectual property assets to the consortium."

While there is no detailed information regarding which assets are being sold to the Microsoft Group, it’s known that Attachmate plans to run SUSE Linux as a separate business unit. Also worth watching is the future of Novell’s open-source projects, such as Mono, an open-source, cross-platform .NET development framework, and how Attachmate will build its business strategy upon Novell’s virtualization and cloud infrastructures.

I welcome your thoughts—leave a comment below, and I’ll respond as soon as I can.
 
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