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posted by janrinok on Wednesday September 17 2014, @01:33PM   Printer-friendly
from the payware dept.

El Reg reports

Attachmate, the software shop that headhunted Novell and SUSE Linux, is itself being bought out by Micro Focus International.

The mainframe and COBOL specialist is acquiring Attachmate Group from its parent company Wizard in a deal calculated at $2.3bn before costs.

[...]

Attachmate gives MicroFocus access to SUSE and Novell, business units bought by the company in 2010 for $2.2bn. Novell owned SUSE Linux, which it had bought in 2003 for $210m. Under Attachmate, the two were broken apart.

putting 882 patents in its Linux portfolio up for sale to a consortium backed by Microsoft.

SUSE is chief steward of the SUSE Linux Enterprise Server while Novell has been re-shaped to sell end-point management and collaboration software.

 
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  • (Score: 2) by choose another one on Wednesday September 17 2014, @11:20PM

    by choose another one (515) on Wednesday September 17 2014, @11:20PM (#94719)

    MicroFocus is basically a really expensive solution to a problem no one has.
    [...]
    I guess they have enough business to survive, which is something to give them credit for.

    They are better than surviving, look at their share price over past few years (and note that there have also been some very big special dividends to return even more money to shareholders). For a solution to a problem no one has, they are sure selling a lot of it.

    More background: the current top management team are the same guys who turned Morse around before selling it to debt-laden monstrosity 2e2 (who destroyed it and themselves). They moved to MF and executed the same kind of turnaround. I made good money on the Morse turnaround and some more since on MF by watching that management team, but I wish I had bet the house on Morse and re-invested all of it in MF at the times I did - be retired by now, more than comfortably.

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