[US, Germany] Novell Buys SuSE for USD 210 Mln with a Little Help from its Fribms

Novell's stock is still trading over 30% higher than yesterday, at about USD 8.00. Red Hat traded higher in the morning, but lost up to 14% in somewhat heavy trading as investors decided this was Bad News for the stock; but it has come back off the lows. IBM traded lower on lower volume in a fairly narrow range. Meanwhile, SCO is up almost 12% on heavy back-patting after a good report card from VARBusiness.

Novell Press Release (English)

Willy Smith reporting from Costa Rica

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Notes from the press conference

Notes from the press conference are here.