dcsimg
September 25, 2018
Hot Topics:

Micro Focus Sells SUSE for $2.5 Billion

  • July 2, 2018
  • By Developer.com Staff

Micro Focus has sold its SUSE division to a Swedish group called EQT Partners for $2.535 billion. SUSE is known for its open source enterprise software, including its very popular Linux distribution. It reported revenue of $303 million and profits of $98.7 for its most recent fiscal year. Micro Focus had owned SUSE since 2014.

EQT says it is planning to hire more software developers to expand SUSE's product line. “Investment into engineers was somewhat restricted under prior ownership. That will change,” EQT’s Johannes Reichel said.

View article






Comment and Contribute

 


(Maximum characters: 1200). You have characters left.

 

 


Enterprise Development Update

Don't miss an article. Subscribe to our newsletter below.

By submitting your information, you agree that developer.com may send you developer offers via email, phone and text message, as well as email offers about other products and services that developer believes may be of interest to you. developer will process your information in accordance with the Quinstreet Privacy Policy.

Sitemap

Thanks for your registration, follow us on our social networks to keep up-to-date