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SUSE Going Public and Other SUSE/OpenSUSE News

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SUSE
  • German software company SUSE targets pre-summer IPO: sources

    Open-source enterprise software company SUSE is targeting a pre-summer initial public offering in a deal that may value the private equity-backed company with German roots at 7-8 billion euros ($8.3-9.5 billion), people close to the matter said.

    The Linux specialist’s owner, buyout group EQT, has stepped up preparations for the deal and chosen a syndicate of banks to organise the deal, which is expected to kick off in May, they said.

  • SUSE prepares for multi-billion Euro IPO

    The rumors were true. EQT, the Swedish-based private equity firm with €52 billion in assets, is getting ready to spin SUSE, the leading European Union (EU) Linux distributor, out in an IPO. The SUSE IPO, according to Reuters and ZDNet sources, will be worth €7 billion to €8 billion ($8.3 billion to $9.5 billion).

    The SUSE IPO spinout has been in the works since late 2020. Prior to that SUSE has changed owners several times. First, it was acquired by Novell in 2004. Next, Attachmate, with some Microsoft funding, bought Novell and SUSE in 2010. This was followed in 2014 -- when Micro Focus purchased Attachmate and SUSE was spun off as an independent division. In its late move prior to the one coming up, EQT purchased SUSE from Micro Focus for $2.5 billion in March 2019.

  • Insync | Google Drive and OneDrive Sync Client on openSUSE

    Insync is an application I have been using since about 2013 to make my Google Drive files available to me on my Linux Desktop. I have previously written about my Insync experience and continue to use Insync but recently, I received a question about installing Insync on openSUSE Leap and I realized that the documentation on the InsyncHQ site has some missing bits of information. I was unable to point the requestor a proper solution. So, here is my latest list of instructions on how to get going with Google Drive and Microsoft OneDrive sync on openSUSE.

  • openSUSE Project Selected for Google Summer of Code Mentoring

    Let’s gehts los! The openSUSE Project is one of about 200 mentoring organizations selected for this year’s Google Summer of Code.

    The openSUSE Project has participated in several GSoC events since 2006 and the project’s mentors have helped more than 60 students become familiar with open-source software development.

    openSUSE website dedicated to GSoC offers several projects for GSoC students. Projects are available for software testing with openQA, Artificial Intelligence development with Phoeβe and configuration and infrastructure management through the Uyuni Project. Some of the projects listed with the openSUSE organization within the GSoC program work with Kubernetes like the carrier project and Rancher.

German Linux Power SUSE Planning A Pre-Summer IPO

  • German Linux Power SUSE Planning A Pre-Summer IPO

    Linux software giant SUSE is planning a pre-summer initial public offering (IPO) in a deal that could value the company at €7-8 billion ($8.3-9.5 billion), as reported by Reuters.

    SUSE was purchased by EQT from Micro Focus in a $2.5 billion deal in early 2019, marking a new era in the history of the company.

    EQT, a Swedish-based private equity firm with €52 billion in raised capital, has reportedly stepped up preparations to spin SUSE out in an IPO.

Linux software giant SUSE files for an IPO in Europe

  • Linux software giant SUSE files for an IPO in Europe

    Open-source enterprise software company SUSE Group is readying itself for an initial public offering in Europe in the summer as it seeks new backing to try to achieve its ambitious revenue goals.

    The IPO, which has been in the works for some time, could be worth as much as 7 billion to 8 billion euros ($8.3 billion to $9.5 billion), sources told Reuters Wednesday.

    SUSE, based in Germany, is the maker of a popular enterprise Linux distribution of the same name. The open-source SUSE Linux platform runs in enterprise public cloud deployments, on-premises data centers and at the network edge. SUSE offers a range of software products further up the stack too.

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