Novell CEO: 'Business as usual' after Attachmate merger deal

23.11.2010
Novell will honour all contractual obligations with its Australian customers and forge ahead with product development following the signing of a definitive merger agreement with Attachmate, according to Novell CEO, Ron Hovesepian.

In a letter to customers, the chief executive wrote that the merger, valued at $US2.2 billion, would in no way affect the company's support and maintenance.

"We place tremendous value on the relationships we've cultivated with our customers and I can assure you that providing you with the innovative products, solutions and support you've come to rely on remains a top priority," the letter reads.

"We can also assure you that the planned transaction with Attachmate Corporation does not alter our obligations to honor all contractual commitments. This includes maintenance and technical support for our products. We continue to execute aggressively on our product development efforts...."

Hovespeian added that Novell had also announced the to CPTN Holdings LLC, a consortium of technology companies headed by Microsoft for some $US450 million in cash.