SUSE Linux to Be Acquired by Swedish Company EQT Partners for $2.5 Billion
SUSE, theLinux business once own by Novell and currently owned by MicroFocus, is going to be acquired by a Swedish firm called EQT Partners for the sum of $2.5 billion US dollars.
After Novell and MicroFocus, this is SUSE’s third acquisition and it looks to have a good impact on the Linux company, which will become an independent business once it’s acquired by EQT Partners, a development-focused investor that appears to have a vast experience in the software industry.
“Today is an exciting day in SUSE’s history. By partnering with EQT, we will become a fully independent business,” said Nils Brauckmann, SUSE CEO. “The next chapter in SUSE’s development will continue, and even accelerate the momentum generated over recent years.”
After the acquisition, which is supposed to happen sometime in early 2019, SUSE will continue to receive more investment opportunities that will expand their enterprise-grade business of selling Linux-based and open-source solutions to…