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A hedge fund has offered to acquire Novell, developer of SUSE Linux, for $1.8 billion. Moments ago, Novell confirmed that it plans to review the unsolicited buyout offer. Now, Wall Street pundits wonder if folks like Microsoft, Hewlett-Packard, IBM, Oracle or SAP will step in and offer a higher bid for Novell.
When Red Hat announces quarterly results March 25, the news may confirm what Wall Street has suspected since November 2008: Despite Novell’s continued momentum with SUSE Linux, the smarter money remains on Red Hat’s open source strategy. Here’s why...
Novell has filed a Notice of Filing of Offer of Proof Regarding Prior Inconsistent Declaration of Steven Sabbath. It is making a record that SCO was allowed to present testimony in direct examination that Novell knew was contradicted by deposition testimony, but then Novell couldn't tell the jury about it, because of rulings by the judge.
Lots of Novell news ranging from SCO and Netware to hardware and people. WHAT a week of pranks it must have been for Novell. Between rumours of an IBM takeover to similar ones involving Microsoft, Novell sure needed a sense of humour. Here is another joke about Novell bidding for Linus Torvalds.