Attachmate finalizes Novell takeover

With regulators giving the green light to the $2.2 billion deal, Novell will operate as two separate businesses--Novell and Suse--alongside the Attachmate and NetIQ brands.

by David Meyer

April 28, 2011 7:28 AM PDT

Attachmate's $2.2 billion takeover of open-source software company Novell has gone through, after gaining regulatory clearance.

According to a statement from Attachmate yesterday, Novell will operate as two separate businesses--Novell and Suse--alongside the Attachmate and NetIQ brands under the umbrella of the Attachmate Group.

The takeover was first announced in November 2010. As part of the deal, Novell is selling off 882 open-source patents--not including Novell's Unix patents--to a consortium called CPTN Holdings, which includes Microsoft, Apple, EMC, and Oracle.

Read more of "Attachmate finalises Novell takeover" at ZDNet UK.