Novell Bought by Attachmate for $2.2 Billion
Novell to Be Bought by Attachmate for $2.2 Billion.
Novell announced in November 2010 that it had agreed to be aquired by Attachmate for for $6.10 per share in cash in a transaction valued at approximately $2.2 billion. The $6.10 per share consideration represents a 9% premium to the business software maker’s closing stock price last Friday.
Novell also announced it has entered into a definitive agreement for the sale of certain intellectual property assets to CPTN Holdings, a consortium of technology companies organized by Microsoft, for $450 million in cash, which payment is reflected in the merger consideration to be paid by Attachmate Corporation.
Attachmate plans to operate Novell as two units, one being SUSE. Attachmate is a software company owned by an investment group led by Francisco Partners, Golden Gate Capital, and Thoma Cressey Bravo. Attachmate focuses on terminal emulation, legacy modernization, managed file transfer, and enterprise fraud management software. It is the largest privately owned software company in Washington, USA.
Novell announced in November 2010 that it had agreed to be aquired by Attachmate for for $6.10 per share in cash in a transaction valued at approximately $2.2 billion. The $6.10 per share consideration represents a 9% premium to the business software maker’s closing stock price last Friday.
Novell also announced it has entered into a definitive agreement for the sale of certain intellectual property assets to CPTN Holdings, a consortium of technology companies organized by Microsoft, for $450 million in cash, which payment is reflected in the merger consideration to be paid by Attachmate Corporation.
Attachmate plans to operate Novell as two units, one being SUSE. Attachmate is a software company owned by an investment group led by Francisco Partners, Golden Gate Capital, and Thoma Cressey Bravo. Attachmate focuses on terminal emulation, legacy modernization, managed file transfer, and enterprise fraud management software. It is the largest privately owned software company in Washington, USA.
Comments
Post a Comment