I believe IBM invested about 50 million in Novell after the purchase of SuSE. I don't know whether or not the 50 million dollar investment equates to 10% ownership in the company.
Jerry Feldman
02/17 9:45 AM >>> On Thursday 17 February 2005 9:32 am, James Knott wrote: Prabu Subroto wrote: Dear friends... Is SuSE Linux sold to Novell? or they are only business partner?
Where have you been for the past year???
Novell bought SuSE over a year ago and then IBM bought 10% of Novell. You are correct about SuSe being sold to Novell, but didn't IBM buy 10% of Red Hat, not Novell. I'm not sure. -- Jerry Feldman
Boston Linux and Unix user group http://www.blu.org PGP key id:C5061EA9 PGP Key fingerprint:053C 73EC 3AC1 5C44 3E14 9245 FB00 3ED5 C506 1EA9
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Joe Zitnik wrote:
I believe IBM invested about 50 million in Novell after the purchase of SuSE. I don't know whether or not the 50 million dollar investment equates to 10% ownership in the company.
I'd heard 10%, but I don't have any links to it. Either way, IBM owns a chunk of Novell and indirectly SuSE.
On Thu, Feb 17, 2005 at 10:33:00AM -0500, James Knott wrote:
Joe Zitnik wrote:
I believe IBM invested about 50 million in Novell after the purchase of SuSE. I don't know whether or not the 50 million dollar investment equates to 10% ownership in the company.
I'd heard 10%, but I don't have any links to it. Either way, IBM owns a chunk of Novell and indirectly SuSE.
How is this SUSE selling out? Just because a big company bought them doesn't mean they sold out, it means now we have a huge company backing us and Linux.
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Allen wrote:
On Thu, Feb 17, 2005 at 10:33:00AM -0500, James Knott wrote:
Joe Zitnik wrote:
I believe IBM invested about 50 million in Novell after the purchase of SuSE. I don't know whether or not the 50 million dollar investment equates to 10% ownership in the company.
I'd heard 10%, but I don't have any links to it. Either way, IBM owns a chunk of Novell and indirectly SuSE.
How is this SUSE selling out? Just because a big company bought them doesn't mean they sold out, it means now we have a huge company backing us and Linux.
I don't have a problem with it. Perhaps you should have sent your note to the OP.
I believe IBM invested about 50 million in Novell after the purchase of SuSE. I don't know whether or not the 50 million dollar investment equates to 10% ownership in the company.
Basic accounting would say so. Besides, Why would that matter??? IBM and Novell has done a tremendous amount of helping us all in the community.
I'd heard 10%, but I don't have any links to it. Either way, IBM owns a chunk of Novell and indirectly SuSE.
Again; why does it matter??? I trust them! It just means better software and better hardware support for us to play with.
How is this SUSE selling out? Just because a big company bought them doesn't mean they sold out, it means now we have a huge company backing us and Linux.
I totally agree. :{ JD
On Thursday 17 February 2005 22:58, Allen wrote:
On Thu, Feb 17, 2005 at 10:33:00AM -0500, James Knott wrote:
Joe Zitnik wrote:
I believe IBM invested about 50 million in Novell after the purchase of SuSE. I don't know whether or not the 50 million dollar investment equates to 10% ownership in the company.
I'd heard 10%, but I don't have any links to it. Either way, IBM owns a chunk of Novell and indirectly SuSE.
How is this SUSE selling out? Just because a big company bought them doesn't mean they sold out, it means now we have a huge company backing us and Linux.
OP may not appreciate difference between 'was sold' as in 'somebody bought this' and the phrasal verb 'to sell out', as in 'discard principle in favour of commercial gain' I suspect, I think he was just asking if the company had been sold. But Prabu can put us right on that if I am wrong ...
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participants (5)
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Allen
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Fergus Wilde
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James Knott
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JD. Brown
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Joe Zitnik