05.26.10

Gemini version available ♊︎

Novell Spin-off — Not Just Novell — is Up for Sale (Key Day Today)

Posted in Finance, Novell, SLES/SLED at 3:50 pm by Dr. Roy Schestowitz

Novell happy year

Summary: Novell’s days may be numbered but a spin-off of Novell too faces a similar destiny

WHETHER Novell will sell itself in pieces or as a whole unit we do not know yet. What we do know is that Novell has plans to make a sale and the following new article describes SUSE Linux users as “nervous”. They did not boycott Novell and now they are suffering inside.

Novell reportedly put itself on the market last week, leaving SUSE Linux Enterprise users unsure about the fate of that open source operating system and other Novell products.

If the report in The Wall Street Journal is true, the bidding kicks off two months after Waltham, Mass-based Novell’s board turned down Elliott Partners $2 billion buyout offer. At that time, Novell said the price was inadequate, and it would explore other options, including stock buy-backs, cash dividends and more alliances.

A Novell spokesman provided no comment.

In the mean time, Novell last week released SUSE Linux Enterprise 11 Service Pack 1.

Over at Server Watch, Paul Rubens says that Novell “has run out of ideas.”

Novell is a company that has run out of ideas.

That’s not to say it doesn’t have some good software, or that there aren’t some very good people working there. But the fact is that despite having SUSE Linux Enterprise Server (SLES) and much else to offer, Novell is a company going nowhere fast. Ask yourself this — which of these two companies does it most resemble: Red Hat, the vigorous, thrusting fellow Linux server operating system vendor, or the crumbling Sun Microsystems, just before Oracle acquired it?

That may be a loaded question, but you know the answer, and it sure as heck isn’t Red Hat. There’s a smell of death about Novell these days, along with a sense that this is a company that will never again attain the heights it reached in the past with NetWare. Like Sun before the Oracle acquisition, it’s in terminal decline. You know it, I know it, and, it seems, the company’s management know it too.

Last week we wrote about LANDesk, a Novell spin-off which is also putting itself up for sale. Another article on the subject has just been published.

Utah-based LANDesk up for sale

[...]

The year was 1991. Intel Corp. acquired a spin-off from Provo-based Novell Inc. and named it LANDesk.

From Channel Insider we learn that:

Even Novell has put itself up for sale. And Brocade reportedly investigated the market for its own sale last year. Here’s what’s behind the trend.

Novell will report its latest results any moment and it is expected to beat expectations (it does not mean anything if expectations are deliberately set low).

Here is another new take from a financial news site:

Novell has floundered for years, and many consider it a directionless company. Still, it has long been thought of by many as a buyout candidate for well over a decade. The reasons are many, and a higher price is only more than obvious as to what is needed for a real buyout of Novell.

Motley Fool says:

Novell, the former networking software star, now finds itself on the auction block. It rebuffed an unsolicited buyout offer from a hedge fund two months ago. Now it’s simply opening up the bidding process. The Wall Street Journal is reporting that as many as 20 different bidders may be fielding offers. This could get interesting, and next week’s report may set the tone on how desperate Novell is to cash out.

There are up to twenty companies/hedge funds waiting in line, as reported last week.

Novell has put itself up for sale, several news outlets report. The Wall Street Journal reported that the Waltham, Massachusetts based company can count on up to 20 bidders, most of them private equity firms. An unsolicited takeover bid by Elliot Associates to buy Novell for $5.75 per share in cash was turned down in March 2010.

Money Control reports:

Hewlett-Packard Co is in the process of buying smartphone pioneer Palm Inc for USD 1.2 billion, while software maker Novell Inc has put itself up for sale.

From DZone we get more or less the same story (no new information).

Novell on the Auction Block

After a hedge fund organization was turned down for offering too little, Novell is now taking bids from up to 20 companies for its acquisition. There’s no indication whether Novell’s four business units (including Linux technology and identity management) will be sold separately. The sale of Novell is expected to be in access of the previously offered $2 billion price tag.

A friend of Novell, the VAR Guy, remains cautiously optimistic.

The big question: Will those partners — and other solutions providers — take a broader look at Novell’s entire product portfolio, as part of the IWM push? And of course, the biggest question of all: Is somebody ready to step in and acquire Novell?

Another new one from the VAR Guy:

Novell vs. Mandriva: Don’t Confuse 2 Potential Linux Sales

Novell, promoter of SUSE Linux, is listening to potential takeover bids. Mandriva, promoter of a Linux distribution that has 3 million users, is in discussions with potential investors. As a result, some pundits think Mandriva Linux and Novell SUSE Linux face similar business challenges. The VAR Guy begs to differ.

The coming days will matter and the coming week/month will be a crucial one for Novell, which will probably announce that units of the company or the company as a whole is being sold.

Share in other sites/networks: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Reddit
  • email

Decor ᶃ Gemini Space

Below is a Web proxy. We recommend getting a Gemini client/browser.

Black/white/grey bullet button This post is also available in Gemini over at this address (requires a Gemini client/browser to open).

Decor ✐ Cross-references

Black/white/grey bullet button Pages that cross-reference this one, if any exist, are listed below or will be listed below over time.

Decor ▢ Respond and Discuss

Black/white/grey bullet button If you liked this post, consider subscribing to the RSS feed or join us now at the IRC channels.

A Single Comment

  1. stan_qaz said,

    May 26, 2010 at 5:30 pm

    Gravatar

    There are a lot of us who were avid Suse users long before Novell came along and made such a mess. I have stuck around this long hoping for a time like now where Suse may get free of the control of Novell and back to being something I could support.

    I know it is difficult to remember but Suse has a long history and was primarily a KDE distro before the takeover, the Novell “reinvention” and the pressure to fit Gnome and all its mono baggage into the mix makes it hard. Please keep a spark of hope alive that something can be rescued be it all of the new OpenSuse with a new home or just a fork of the existing code that users are willing to support.

    Of course I don’t recommend Suse to a lot of people and I never purchase anything from them which would help support Novell and make Suse more attractive for them to keep.

    When I have to buy something I head for Red Hat, someone that won’t hand over my money to Microsoft.

DecorWhat Else is New


  1. [Meme] The EPO's “New Normal”

    The rule of law is being thrown out the window/door, people send rude letters, and we’re meant to think that this is the “new normal” (laws and regulations ceasing to exist); brought by the same people who try to force-feed people all around Europe the unlawful UPC



  2. [ES] Spanish: Richard Stallman's Speech From This Past Saturday

    The new bits (in Spanish) start at 14m:42s from the start



  3. This New Edward Snowden Video is Relevant to Media Cover-up in Service of EPO Management

    We’re long mentioned the 'conspiracy of silence' regarding EPO corruption (bribes and threats from Benoît Battistelli and António Campinos contribute to this silence), so the above video, which is new, seems relevant to us



  4. EPO Home-Working (or 'Remote' Working or 'Teleworking') Isn't an Act of Generosity But of Exploitation

    Contrary to what staff may be led to believe, allowing folks to work from home is just a workaround (as the law forbids some human-to-human contact/interaction) and pretext for screwing the workers a little bit more while crushing basic rights, such as strike and protest abilities (exercising or expressing dissent)



  5. IRC Proceedings: Wednesday, October 27, 2021

    IRC logs for Wednesday, October 27, 2021



  6. [Meme] False Choices and False Dichotomy Designed for Self-Harm

    The self-serving EPO surveys, which Benoît Battistelli and António Campinos design to justify their own policies, have severe flaws in them



  7. Links 27/10/2021: XOrg Server 21.1 and Makulu Shift Ubuntu Variant Released

    Links for the day



  8. Links 27/10/2021: Murena for /e/ and Red Hat Condemned for Its Nationalism/Racism

    Links for the day



  9. [Meme] EPO Presidential Surveys

    The 'social democracy' of Benoît Battistelli and António Campinos as demonstrated by a controlled survey (controlled by the subject of the survey, EPO governance)



  10. 'Shaping the New Normal' Survey at the EPO Got 5,554 EPO Staff to Participate, But It Was Controlled by Liars With an Agenda

    Last year’s EPO ‘study’ (hogwash about “quality” and other unscientific junk) was likely biased by virtue of autocrats controlling it and exploiting it for nefarious agenda and brainwashing of national delegates. The Staff Union of the EPO (SUEPO) has a new survey in the making.



  11. Many of the National Delegations (or Delegates) in the EPO's Administrative Council Have No Understanding of What They Vote on

    One must consider the possibility that ignorance or gullibility (which lack of qualifications may entail) possibly became a contributing factor — malice and bribery aside — in systemic failure of the EPO’s governance



  12. The EPO’s Overseer/Overseen Collusion — Part XXV: The Balkan League - Fresh Blood or Same Old, Same Old?

    We take stock of "captured states" that voted in favour of unlawful "Strike Regulations"



  13. IRC Proceedings: Tuesday, October 26, 2021

    IRC logs for Tuesday, October 26, 2021



  14. Beatriz Busaniche Speaks Up in Defense of Richard Stallman

    Beatriz Busaniche sent us this comment in July 2021. She wrote it originally in Spanish. Here are both the original text and our translation to English.



  15. Links 26/10/2021: SUSE Linux Enterprise Micro 5.1 and Multi-Distro Benchmarks

    Links for the day



  16. Links 26/10/2021: Vulkan 1.1 Conformance for Raspberry Pi 4 and Tor Browser 10.5.10

    Links for the day



  17. [Meme] Sounds Legit

    When not cheating on the wife, the EPO‘s “doyen” cheats in the exams and makes it into the epi Council, in effect working “[t]owards a common understanding [sic] of quality” with “patent attorneys nominated as “assessors” by the EPO, epi and BusinessEurope” (notorious lobbyists for dictators, litigation, and monopolies, neither business nor science)



  18. [Meme] Mayoral Patent Office Chief

    As it turns out, political 'double-dipping' isn't just a thing in North Macedonia, Austria, and EPOnia



  19. Romania's Patent Office (OSIM): Nine Different Chiefs in Just Eight Years

    The Romanian State Office for Inventions and Trademarks (OSIM), being the equivalent of the U.S. Patent and Trademark Office (USPTO) in the sense that it covers both patents and trademarks, is a very flaky institution with no shortage of scandals; for our English-reading audiences we now have a summary of a decade’s worth of blunders and leadership changes



  20. The EPO’s Overseer/Overseen Collusion — Part XXIV: The Balkan League - Romania

    Romania’s patent office has been in flux this past decade, occasionally led by people with no relevant experience, but rather political connections (like EPO President António Campinos) and sometimes forged documents and fake degrees



  21. IRC Proceedings: Monday, October 25, 2021

    IRC logs for Monday, October 25, 2021



  22. [Meme] “Social Democracy” at the EPO

    Some comments on the current situation at the European Patent Office from Goran Gerasimovski, the new EPO Administrative Council delegate for North Macedonia and Social Democratic candidate for mayor of Centar (a municipality of Skopje)



  23. [Meme] António Campinos Visits the OSIM

    António Campinos visits OSIM Director-General Ionel Muscalu in February 2014



  24. [Meme] [Teaser] Meet the President

    Later today we shall see what Romania did for Battistelli



  25. Links 26/10/2021: Latte Dock 0.10.3 and Linux 5.15 RC7

    Links for the day



  26. Gemini Protocol's Originator: “I Continue to Care About This Project and I Care About the Community That Has Formed Around It.”

    'Solderpunk' is back from a long hiatus; this bodes well for Geminispace, which grew fast in spite of the conspicuous absence



  27. Bulgarian Like Bavarian Serfdom

    Bulgarian politics seem to have played a big role in selecting chiefs and delegates who backed Benoît Battistelli‘s unlawful proposals, which treat workers almost like slaves and ordinary citizens as disposable ‘collaterals’



  28. The EPO’s Overseer/Overseen Collusion — Part XXIII: The Balkan League - Bulgaria

    Today we examine the role of Bulgaria in Benoît Battistelli‘s liberticidal regime at the EPO (as well as under António Campinos, from 2018 to present) with particular focus on political machinations



  29. Links 25/10/2021: New Slackware64-current and a Look at Ubuntu Budgie

    Links for the day



  30. Links 25/10/2021: pg_statement_rollback 1.3 and Lots of Patent Catchup

    Links for the day


RSS 64x64RSS Feed: subscribe to the RSS feed for regular updates

Home iconSite Wiki: You can improve this site by helping the extension of the site's content

Home iconSite Home: Background about the site and some key features in the front page

Chat iconIRC Channel: Come and chat with us in real time

Recent Posts