Private Equity Deals in Review: AltAssets Private Equity Roundup for October 31, 2023

Private Equity Deals in Review: AltAssets Private Equity Roundup for October 31, 2023 As we bid farewell to October 2023,...

Private Equity Deals in Review: AltAssets Private Equity Deal Roundup for October 31, 2023 As we bid farewell to October,...

The Journey of Funds: From the Barrel to the Bank – Insights from PE Hub Private equity (PE) has become...

Madison Industries, a leading global industrial conglomerate, has recently announced its plans to acquire CAE’s healthcare business for a staggering...

Seed rounds are a crucial stage in the life cycle of a startup, providing the necessary capital to turn an...

Ziva Health Introduces Breathwork to Improve Mental Well-being In today’s fast-paced and stressful world, taking care of our mental well-being...

Introducing Ziva Health: Elevating Mental Well-being with Breathwork In today’s fast-paced and stressful world, taking care of our mental well-being...

Ziva Health, a leading wellness center, has recently introduced breathwork as a powerful tool for improving mental well-being. With the...

In a recent acquisition deal, MPE, a leading distributor of industrial fasteners and components, has announced its acquisition of Mid-States...

Align, a leading provider of technology infrastructure solutions, has recently announced its expansion into the legal services sector through the...

Flatiron Health and Penn Medicine Announce New Partnership Flatiron Health, a leading healthcare technology company, and Penn Medicine, one of...

Flatiron Health and Penn Medicine have recently announced a groundbreaking partnership aimed at advancing cancer research and improving patient care....

Unveiling Poland Spring’s Covert Opposition to Disfavored Water Regulations Water is a vital resource that sustains life on our planet....

Unveiling Poland Spring’s Covert Opposition to Water RegulationsWater is a precious resource that sustains life on our planet. With increasing...

Starting a new business can be an exciting and challenging endeavor. As a startup founder, you may have a brilliant...

Starting a new business can be an exciting and challenging endeavor. As a startup founder, you may have a brilliant...

Addressing the Gender Bias in Fundraising for Female Entrepreneurs in Europe In recent years, there has been a growing recognition...

In today’s digital age, connectivity has become an essential part of our daily lives. From smartphones to smart homes, we...

In today’s digital age, connectivity has become an essential part of our daily lives. From smartphones to smart homes, we...

Partnership between New District and Temple University Hospital offers healthcare job opportunities for students In an effort to bridge the...

The American Investment Council (AIC) recently released a statement asserting that private fund investors can thrive without the assistance of...

The Bloomberg Editorial Board recently published an article titled “Private Fund Investors Can Thrive Without SEC Assistance,” which provides insights...

The Department of Justice (DOJ) recently announced the resolution of a case involving referral incentives reported by a dermatology practice...

Venture capital has long been considered the lifeblood of the startup ecosystem, providing crucial funding and support to early-stage companies...

Private capital markets refer to the financial markets where investments are made in privately-held companies that are not publicly traded....

Wavecrest Growth Partners, a leading growth equity firm, has recently taken the lead in securing C$100 million in financing for...

In today’s fast-paced and ever-evolving business landscape, product management has become a crucial role for companies looking to stay competitive....

Using Data: Investment Banking Placement at The Hong Kong University of Science and Technology The field of investment banking is...

SUSE Returns to Private Ownership: A Closer Look | TechCrunch

SUSE, the German-based open-source software company, recently announced its return to private ownership after being acquired by EQT, a global investment firm. This move marks a significant shift in SUSE’s ownership structure and has raised curiosity among tech enthusiasts. In this article, we will take a closer look at SUSE’s return to private ownership and explore the potential implications for the company and the open-source community.

SUSE has a long and storied history in the world of open-source software. It was originally founded in 1992 and quickly gained recognition for its Linux distribution, known as SUSE Linux. Over the years, SUSE has evolved and expanded its product portfolio to include a wide range of enterprise-grade open-source solutions, such as SUSE Manager, SUSE CaaS Platform, and SUSE Cloud Application Platform.

In 2003, SUSE was acquired by Novell, a software company based in the United States. Novell’s ownership brought both opportunities and challenges for SUSE. On one hand, it provided financial stability and resources for growth. On the other hand, it also introduced complexities associated with being part of a larger organization.

In 2011, Attachmate Group acquired Novell, including SUSE. This acquisition further complicated SUSE’s ownership structure as Attachmate was primarily focused on other business areas. However, SUSE managed to maintain its independence and continued to thrive under Attachmate’s ownership.

Fast forward to 2014 when Micro Focus International acquired The Attachmate Group, including SUSE. This acquisition once again raised questions about SUSE’s future direction and independence. Despite these uncertainties, SUSE managed to maintain its position as a leading provider of open-source solutions.

Now, in 2021, SUSE is returning to private ownership under EQT’s umbrella. EQT is a global investment firm with a strong track record of supporting technology companies. This move is seen as a positive development for SUSE, as it allows the company to regain its focus and agility.

Returning to private ownership means that SUSE can now operate independently, free from the constraints and distractions that come with being part of a larger organization. This newfound autonomy will enable SUSE to make strategic decisions more swiftly and align its business objectives with the rapidly evolving open-source landscape.

Moreover, EQT’s investment in SUSE signifies a strong belief in the company’s potential and the value of open-source software. EQT’s deep industry expertise and financial resources can provide SUSE with the necessary support to accelerate its growth and expand its product offerings.

For the open-source community, SUSE’s return to private ownership is a promising development. SUSE has always been committed to open-source principles and has actively contributed to various open-source projects. With its renewed independence, SUSE can continue to foster collaboration and innovation within the open-source ecosystem.

In conclusion, SUSE’s return to private ownership marks an exciting chapter in the company’s history. Under EQT’s ownership, SUSE has the opportunity to further strengthen its position as a leading provider of open-source solutions. The move also bodes well for the open-source community, as SUSE can continue to drive innovation and contribute to the growth of the ecosystem. As SUSE embarks on this new journey, it will be interesting to see how it leverages its newfound autonomy to shape the future of open-source software.

Ai Powered Web3 Intelligence Across 32 Languages.