Attachmate Buys Novell…. The Big News Lies Elsewhere
Novell has been sold to Attachmate for roughly $2.2 billion. Here’s the press release with the details. That should be the big news of the day. But the Boston Globe has the big news that you should care about:
Novell also said it has entered into an agreement for the concurrent sale of certain intellectual property assets to CPTN Holdings LLC, a consortium of technology companies organized by Microsoft Corp., for $450 million in cash, “which cash payment is reflected in the merger consideration to be paid by Attachmate Corp.,” a company press release said.
So, why would a Microsoft backed group buy some IP from Novell? There must be something really interesting there to make Microsoft want to dive in for it. We’ll soon see what they paid all that money for I suspect.
November 25, 2010 at 6:56 am
Update: Attachmate will retain the UNIX intellectual properties.
I would much rather have someone like IBM own this. Perhaps Red Hat should have done it!