Whole Network Creative Weblog... Entrepreneurshi... Events Jobs Sponsored Post Technology Venture Capital

 

Novell buys SuSe

Filed in archive Venture Capital by tj on November 5, 2003

Novell has agreed to buy SuSe the German distributorlinks 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.


Taking these numbers $210 million looks like a good deal for investors. The deal brings some relief to the scarcity of exits nowadays. It's good to see a German exit.






Permalink: Novell buys SuSe
Tags: suse  novell  2003  entrepreneurship  technology  buys+suse  novell+buys  november+2003 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/453

Related Entries:

ethernet via human bodies? - 20 October 2003

the new media company - 02 December 2004

Going Open Source - 30 March 2006

Novell SuSE Linux 10.0 Retail - 19 December 2005

SUSE 10.0 初体验 - 23 October 2005

More gifts from the community - 15 March 2007

Der nächste: XandrOs - 04 June 2007

HP and Novell Partner on $519 Linux PC - 11 December 2008





RSSrss   | See all blog subscribe options
Google google   |   What is RSS?
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
Newsletter
Grouptivity

Use the search to look for other interesting posts



 
  • Advertise with us

  • Learn more about our advertising options or email advertising - at - creative-weblogging.com or give us a call at +1 (650) 331 4900.


  • Testimonials

  • 'After visiting your site, I feel that your articles are very enriching and aspiring, and I learnt a lot after reading your articles on entrepreneurship...'

    Asia, Singapore

    'I really look forward to reading content from your site. You really do a great job of keeping yourself and (your readers like myself) ahead of the pack.' Asia, India

    '...very inspiring! Really like your site!' Europe, Netherlands

    'BTW I m addicted to your website :)' Europe, France



  • Other blogs in the same channel in the Creative Weblogging Network







 

Tagcloud: Creative Weblogging Entrepreneurship Events Global Economy Jobs Politics Sponsored Post Technology Venture Capital