- MarissaBrand
- gordman
- mithunsarker
- Kim07
- Ralph Waldren
[US, Germany] Novell Buys SuSE for USD 210 Mln with a Little Help from its Fribms
Submitted by Willy Smith on 4 November, 2003 - 16:39.
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
Notes from the press conference
Notes from the press conference are here.