Novell Agrees to be Acquired by Attachmate Corporation

Posted by HeliosReds on Nov 22, 2010 11:57 AM EDT
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Novell, Inc., the leader in intelligent workload management, today announced that it has entered into a definitive merger agreement under which Attachmate Corporation would acquire Novell for $6.10 per share in cash in a transaction valued at approximately $2.2 billion. Attachmate Corporation is owned by an investment group led by Francisco Partners, Golden Gate Capital and Thoma Bravo. Novell also announced it has entered into a definitive agreement for the concurrent sale of certain intellectual property assets to CPTN Holdings LLC, a consortium of technology companies organized by Microsoft Corporation, for $450 million in cash, which cash payment is reflected in the merger consideration to be paid by Attachmate Corporation.

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Subject Topic Starter Replies Views Last Post
...organized by Microsoft henke54 24 878 Nov 25, 2010 5:47 PM
Nice list of customers! hkwint 0 440 Nov 22, 2010 1:55 PM

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