Novell buys SuSe
Filed in archive Venture Capital by tj on November 05, 2003
of Linux. Novell plans to spend $210 million for the majority of SuSE shares. This will be a very welcome exit for Apax Partners.I've researched a bit about the equity story SuSe has to show:
- Apax Partners and Intel invested in 1999 about $ 12 million in the company, which was founded in 1992 with small amounts.
- There might have been another round of financing during winter 2000, but I could not find more data about.
- In 2001 Apax Partners and e-millennium (a former consortia of Deutsche Bank and Accenture, which now seems to be defunct), invested $ 13.9 million.
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