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The provider of open source infrastructure and application supply Suse, company behind one of the oldest Linux distributions, today announced that it was again an independent company. The company today finalized the acquisition of Micro Focus by the growing investor EQT, with a capital of 2.5 billion dollars, who had it herself. acquired in 2014.
Few companies have changed hands as often as Suse, while remaining powerful actors in their activities. Suse was purchased for the first time by Novell in 2004. Novell was later acquired by Attachmate in 2010, which Micro Focus acquired in 2014. The company then transformed Suse into an independent division, then announced its sale to EQT in the middle of 2018.
Micro Focus and EQT took some time to finalize the acquisition, but now, for the first time since 2004, Suse is autonomous.
Micro Focus says Suse has only generated 20% of Attachmate Group's total revenue for $ 2.35 billion. Since then, Suse has generated a little more business by expanding its product portfolio far beyond its core Linux offerings and into the more lucrative open source infrastructure and application delivery business, including products and support around huge open source solutions. projects such as Cloud Foundry, OpenStack and Kubernetes.
The CEO of Susa, Nils Brauckmann, will remain at the head of the company, but the company upsets its ranks a little. Enrica Angelone, for example, has been appointed to the new position of CFO of Suse, and Sander Huyts is now COO of the company. The former Susa technical director, Thomas Di Giacomo, is now president of engineering, products and innovation. All three report directly to Brauckmann.
"Our truly open, open-source solutions, our flexible business practices, the absence of absolute vendor lock-in and our exceptional service are more critical to customers and partner organizations. Our independence coincides with our desire to provide what is best for them, "said Brauckmann in today's announcement. "Our ability to systematically respond to these market demands creates a cycle of success, momentum and growth that allows SUSE continue to deliver the innovation that customers need to achieve their digital transformation goals and put in place the hybrid and multi-cloud workload management they need to develop their own innovation, competitiveness and resilience. growth. "
Since IBM recently bought Red Hat for $ 34 billion, it remains to be seen how long the future of Susa will last. The open source market is just starting to heat up.
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