Novell breakup and sale imminent, says report

Posted by Scott_Ruecker on Sep 15, 2010 3:28 PM EDT
The Register; By Timothy Prickett Morgan
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Commercial operating system maker Novell is close to selling itself off after breaking it into two bits, according to the is New York Post. Citing unnamed sources, the Post says a "strategic buyer" will shell out cash to acquire the SUSE Linux business that Novell paid $210m for in November 2003. That Linux business has just finally made it to break-even, according to Novell, and will by our estimates generate maybe $145m in revenues in fiscal 2010. (Novell brought in $108.2m in Linux platform sales in the first nine months of fiscal 2010 ended in July).

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