[geeks] Novell Acquires SUSE LINUX

[Kevin]

Begin forwarded message:
-------- Original Message --------
 Subject: Breaking News for Nzone Members: Novell Acquires SUSE LINUX
    Date: Tue, 4 Nov 2003 06:33:32 -0800
    From: "Novell" <Novell.Nzone at novell.rsc03.com>
Reply-To: "Novell" <Nzone at novell.com>
      To: "Anne Marshall" <AMARSHALL at nbsarch.com>


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       Novell Announces Agreement               for more information
       to Acquire Leading                       [Image]
       Enterprise Linux Technology
       Company SUSE LINUX                         [arrow] press release

       Novell today announced it
       has entered into an
       agreement to acquire SUSE                press conference invitation
       LINUX, one of the world's                [Image]
       leading enterprise Linux
       companies, expanding                       [arrow] Novell and
       Novell's ability to provide                SUSE LINUX will hold
       enterprise-class services                  a press conference
       and support on the Linux                   at 11 a.m. EST (5
       platform. With the open                    p.m. CET) to discuss
       source expertise of SUSE                   the transaction in
       LINUX and Novell's                         greater detail. The
       world-class networking and                 press conference can
       identity solutions and                     be heard live at
       support, training and                      www.novell.com/webcast.
       consulting services, Novell
       will be able to deliver
       Linux and all its
       components -- from the                   talk back
       server to the desktop --                 [Image]
       and give organizations a
       secure, reliable and mature                [arrow] What do you
       Linux foundation. Novell
       will pay $210 million in                   think about all of
       cash to complete the                       this? Fill out this
       acquisition. The                           survey and you could
       transaction is subject to                  win a prize.
       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.

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