According to Bloomberg, EQT is planning an IPO for German Linux and
enterprise software company SUSE. EQT is a Swedish-based private
equity firm with 50 billion euros in raised capital. SUSE is the
leading European Union (EU) Linux distributor. Over the years, SUSE
has changed owners several times. First, it was acquired by Novell in
2004. Then, Attachmate, with some Microsoft funding, bought Novell and
SUSE in 2010. This was followed in 2014 when Micro Focus purchased
Attachmate and SUSE was spun off as an independent division. Then, EQT
purchased SUSE from Micro Focus for $2.5 billion in March 2019. With
an IPO of approximately $6 billion, EQT would do very well for itself
in very little time.
Bloomberg states that the IPO talks are in a very preliminary stage.
Nothing may yet come of these conversations. As for SUSE, a company
representative said, "As a company, we are constantly exploring ways
to grow. But as a matter of corporate policy, we do not comment on
rumor or speculation in the market."'
-- source: https://linux.slashdot.org/story/20/11/17/2148202
Dept. of Computer Science
University of Waikato, NZ
+64 (7) 577-5304