Novell puts Linux on sale as earnings disappoint
Novell’s $340 million lifeline from Microsoft appears to be losing its potency.
Although Microsoft originally gifted Novell $240 million to help fight Red Hat, and later added another $100 million to the pile, it doesn’t seem to be enough to revive Novell’s fortunes, as the company reported disappointing first-quarter earnings and a slide even in its Linux business, which had been growing fairly well.
“The pipe fell apart,” declared Novell CEO Ron Hovsepian, as The Register reports. That’s an intriguing statement, as other open-source companies with which I work have seen their pipelines grow tremendously, as enterprises look to open source to save money and boost productivity through the downturn.
Novell puts Linux on sale as earnings disappoint | The Open Road – CNET News
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