Sources Claim LINUX SUSE’s Novell To Be Sold in Two Parts
The New York Post claim that Novell Inc. will be sold in two parts and de-listed.
According to the New York Post, the Novell Inc. provider of infrastructure software has reached a deal “in principle” to sell itself in two parts. The part that develops and delivers Linux SUSE systems, will be sold to a strategic buyer, and a private-equity firm will purchase the second half.
According to “people close to the process” cited by the New York Post, both deals are expected to close simultaneously, and the company will be de-listed. The publication’s sources did not name either potential buyer.