The provider of open source infrastructures and application delivery Suse – the company behind one of the oldest Linux distributions – announced today that it is again an independent company. The company today completed the $ 2.5 billion acquisition of growth investor EQT from Micro Focus, which it had acquired in 2014.
Few companies have changed ownership as often as Suse, yet remain strong players in their business. Suse was first acquired by Novell in 2004. Novell was then acquired by Attachmate in 2010, which had acquired Micro Focus in 201
It took a while for Micro Focus and EQT to complete the acquisition, but now, for the first time since 2004, Suse stands for itself.
Micro Focus says Suse's $ 2.35 billion acquisition of the Attachmate Group contributed only 20 percent of the group's total revenue. Since then, Suse has generated a lot of business by expanding its product portfolio from Linux's core offering to the more lucrative open source infrastructure and application delivery business, including products and support for massive open source projects such as Cloud Foundry, OpenStack and Kubernetes.
Suse CEO Nils Brauckmann remains at the forefront of the company, but the company shakes up its leadership positions somewhat. For example, Enrica Angelone has been appointed as the new CFO of Suse, and Sander Huyts is now COO of the company. Former Suse CTO Thomas Di Giacomo is now President of Engineering, Product and Innovation. All three report directly to Brauckmann.
"Our truly open-source open solutions, flexible business practices, lack of compelling suppliers, and exceptional service are of greater importance to our customers and partner organizations, and our independence is in line with our focus on delivering the best for them," Brauckmann said in today's announcement. "Our ability to consistently meet these market demands creates a cycle of success, momentum and growth that enables SUSE to continue delivering the innovation customers need to meet their digital transformation goals and achieve the required hybrid and multi-cloud workload management to drive their own ongoing innovation, competitiveness and growth.
Since IBM recently bought Red Hat for $ 34 billion, it remains to be seen how long the independent future of Suse will last. The market for open source eventually heats up.