Home > slashdot > Novell Reportedly Taking Bids From Up To 20 Companies

Novell Reportedly Taking Bids From Up To 20 Companies

May 23rd, 2010 05:10 admin Leave a comment Go to comments

Degrees writes “Although Novell rejected the bid from Elliott Associates earlier this year, reports now indicate Novell has decided to embrace the inevitable. According to the Wall Street Journal (sub. required): ‘As many as 20 companies have expressed interest in Novell, according to people familiar with the matter. Most, if not all, of the companies expected to lodge serious bids are private equity firms. … Novell has four separate businesses, each of which could be attractive to a rival technology company. However, it’s unlikely that a tech company would bid for all of Novell, these people said. Private equity firms, however, could break up Novell and either sell off the pieces or run them as standalone businesses.’ Are there any companies that don’t have an enterprise grade Linux distribution, and ought to? Ditto workstation management, directory services, legacy email, and virtualization suite?”

Source: Novell Reportedly Taking Bids From Up To 20 Companies

Related Articles:

  1. Dell Confirms and Details Rival Bids From Blackstone and Icahn
  2. Dell Said To Be In Buyout Talks With Private-Equity Firms
  3. Novell Rejects “Inadequate” $2B Takeover Bid
  4. DOJ Limits Microsoft’s Purchase of Novell Patents
  5. Two Outside Bids For Dell Threaten Founder’s Buyout Plan
blog comments powered by Disqus