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. Links 1/12/2021: Tux Paint 0.9.27 and WordPress 5.9 Beta

    Links for the day



  2. [Meme] EPO Administrative Council Believing EPO-Bribed 'Media' (IAM Still Shilling and Lying for Cash)

    IAM continues to do what brings money from EPO management and Team UPC, never mind if it is being disputed by the patent examiners themselves



  3. The EPO's Mythical “Gap” Has Been Found and It's Bonuses for People Who Use Pure Fiction to Steal From Patent Examiners

    The phony president who has the audacity to claim there's a budget gap is issuing millions of euros for his enablers to enjoy; weeks ahead of the next meeting of national delegates the Central Staff Committee (CSC) tells them: "Events show that the delegations’ concerns about functional allowances have materialised. The lack of transparency and inflation of the budget envelope gives rise to the suspicion that high management is pursuing a policy of self-service at the expense of EPO staff, which is difficult to reconcile with the Office’s claimed cost-saving policy, and to the detriment of the whole Organisation."



  4. Video: Making the Internet a Better Place for People, Not Megacorporations

    Following that earlier list of suggested improvements for a freedom-respecting Internet, here's a video and outline



  5. Links 30/11/2021: KDE Plasma 5.23.4, 4MLinux 38.0, Long GitHub Downtime, and Microsoft's CEO Selling Away Shares

    Links for the day



  6. A Concise Manifesto For Freedom-Respecting Internet

    An informal list of considerations to make when reshaping the Internet to better serve people, not a few corporations that are mostly military contractors subsidised by the American taxpayers



  7. Freenode.net Becomes a 'Reddit Clone' and Freenode IRC is Back to Old Configurations After Flushing Down Decades' Worth of User/Channel Data and Locking/Shutting Out Longtime Users

    Freenode is having another go; after “chits” and “jobs” (among many other ideas) have clearly failed, and following the change of daemon (resulting in massive loss of data and even security issues associated with impersonation) as well as pointless rebrand as “Joseon”, the domain Freenode.net becomes something completely different and the IRC network reopens to all



  8. Jack Dorsey's Decision is a Wake-up Call: Social Control Media is Just a Toxic Bubble

    The state of the World Wide Web (reliability, preservation, accessibility, compatibility etc.) was worsened a lot more than a decade ago; with social control media that’s nowadays just a pile of JavaScript programs we’re basically seeing the Web gradually turning into another Adobe Flash (but this time they tell us it’s a “standard”), exacerbating an already-oversized ‘bubble economy’ where companies operate at a loss while claiming to be worth hundreds of billions (USD) and generally serve imperialistic objectives by means of manipulation like surveillance, selective curation, and censorship



  9. IRC Proceedings: Monday, November 29, 2021

    IRC logs for Monday, November 29, 2021



  10. Links 29/11/2021: NuTyX 21.10.5 and CrossOver 21.1.0

    Links for the day



  11. This Apt Has Super Dumbass Powers. Linus Sebastian and Pop_OS!

    Guest post by Ryan, reprinted with permission



  12. [Meme] Trying to Appease Provocateurs and Borderline Trolls

    GNU/Linux isn’t just a clone of Microsoft Windows and it oughtn’t be a clone of Microsoft Windows, either; some people set themselves up for failure, maybe by intention



  13. Centralised Git Hosting Has a Business Model Which is Hostile Towards Developers' Interests (in Microsoft's Case, It's an Attack on Reciprocal Licensing and Persistent Manipulation)

    Spying, censoring, and abusing projects/developers/users are among the perks Microsoft found in GitHub; the E.E.E.-styled takeover is being misused for perception manipulation and even racism, so projects really need to take control of their hosting (outsourcing is risky and very expensive in the long run)



  14. Links 29/11/2021: FWUPD's 'Best Known Configuration' and Glimpse at OpenZFS 3.0

    Links for the day



  15. President Biden Wants to Put Microsofter in Charge of the Patent Office, Soon to Penalise Patent Applicants Who Don't Use Microsoft's Proprietary Formats

    The tradition of GAFAM or GIAFAM inside the USPTO carries on (e.g. Kappos and Lee; Kappos lobbies for Microsoft and IBM, whereas Lee now works for Amazon/Bezos after a career at Google); it's hard to believe anymore that the USPTO exists to serve innovators rather than aggressive monopolists, shielding their territory by patent threats (lawsuits or worse aggression) and cross-licensing that's akin to a cartel



  16. Microsoft GitHub Exposé — Part VIII — Mr. Graveley's Long Career Serving Microsoft's Agenda (Before Hiring by Microsoft to Work on GitHub's GPL Violations Machine)

    Balabhadra (Alex) Graveley was promoting .NET (or Mono) since his young days; his current job at Microsoft is consistent with past harms to GNU/Linux, basically pushing undesirable (except to Microsoft) things to GNU/Linux users; Tomboy used to be the main reason for distro ISOs to include Mono



  17. Dr. Andy Farnell on Teaching Cybersecurity in an Age of 'Fake Security'

    By Dr. Andy Farnell



  18. IRC Proceedings: Sunday, November 28, 2021

    IRC logs for Sunday, November 28, 2021



  19. Links 29/11/2021: Linux 5.16 RC3 and Lots of Patent Catch-up

    Links for the day



  20. By 2022 0% of 'News' Coverage About Patents Will Be Actual Journalism (Patent Litigation Sector Has Hijacked the World Wide Web to Disseminate Self-Promotional Misinformation)

    Finding news about the EPO is almost impossible because today’s so-called ‘news’ sites are in the pockets of Benoît Battistelli, António Campinos, and their cohorts who turned the EPO into a hub of litigation, not science; this is part of an international (worldwide) problem because financial resources for journalism have run out, and so the vacuum is filled/replaced almost entirely by Public Relations (PR) and marketing



  21. Trying to Appease Those Who Never Liked Free Software or Those Who Blindly Loved All Patent Monopolies to Begin With

    It’s crystal clear that trying to appease everyone, all the time, is impossible; in the case of the EPO, for example, we hope that exposing Team Battistelli/Campinos helps raise awareness of the harms of patent maximalism, and when speaking about Free software — whilst occasionally bashing the alternatives (proprietary) — we hope to convince more people to join the “Good Fight”



  22. Links 28/11/2021: Laravel 8.73 Released, GitHub Offline for Hours

    Links for the day



  23. IRC Proceedings: Saturday, November 27, 2021

    IRC logs for Saturday, November 27, 2021



  24. Links 27/11/2021: Nvidia’s DLSS Hype and Why GNU/Linux Matters

    Links for the day



  25. [Meme] Linus Gabriel Sebastian Takes GNU/Linux for a (Tail)'Spin'

    If you’re trying to prove that GNU/Linux is NOT Windows, then “haha! Well done…”



  26. GNU/Linux is for Freedom and It'll Gain Many Users When (or Where) People Understand What Software (or Computing) Freedom Means

    Software that respects people's freedom (and by extension privacy as well) is an alluring proposition; those who choose to try GNU/Linux for the wrong reasons are likely the wrong target audience for advocates



  27. Amid Reports of Microsoft's Competition Crimes in Europe...

    European companies are complaining, but they seem to overlook the principal aspect of an imperialistic system with bottomless pockets (almost 30 trillion dollars in debt already; US national debt soared again last month); Microsoft is shielded by a political system with military (“defence”) as bailout budget to help cushion international expansion for data grab and technical leverage, as we've seen in the case of EPO (this is all political, not technical, and should thus be treated as a political/corruption issue)



  28. Is Linus Trolling the GNU/Linux Community?

    This new video responds to what many sites have been provoked into amplifying



  29. Links 27/11/2021: Tux Paint 0.9.27 and SeaMonkey 1.1.19 in EasyOS

    Links for the day



  30. [Meme] Keeping Our Distance From Microsoft

    The OSI is the dagger, the Linux Foundation is the knife, and many others are the sword by which Microsoft tries to get into the very heart of GNU/Linux and extinguish the Free software movement


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