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Novell Tried to Buy SUSE, Sources Say

Novell Tried to Buy SUSE, Sources Say

Well, well, well, well, well. We have it on very good authority that Novell just tried and failed to buy SuSE to add to its Ximian acquisition. Apparently $120 million for such a thing is a little rich for its taste. The German government, which reportedly owns something like 30% of SuSE ($30 million worth), is supposed to be the speed bump. It wants twice SuSE's run rate, which is said to be $31 million a year. IBM, which - in trying to prevent Red Hat from turning into Microsoft 2 - reportedly owns 20% of SuSE, is supposed to be funding the company.

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Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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