Attachmate seals $2.2B Novell deal

27.04.2011
The Attachmate Group announced Wednesday that it has completed its $2.2 billion acquisition of Novell, a networking pioneer in the 1980s that’s now being described as “a leader in intelligent workload management” by its new owner.

The proposed buyout was and Attachmate is sticking to its plan outlined then to operate Novell as two separate business units  under the Novell and SUSE brand names.

Attachmate Group, based in Houston, also operates the Attachmate and NetIQ units.

MERGERS:  

Attachmate Group’s leadership says its four businesses complement each other and don’t overlap. The company will offer a wide variety of products, including management software, open source tools, collaboration products, security software, identity and compliance management, as well as virtualization and cloud computing products.

Attachmate’s portfolio for the time being will also include but that was prevented from doing so by a recent Department of Justice decision. There was concern that the sale could harm the open source software market, and the review of the sale held up the Novell buyout.