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Novell sold for $ 2.2 billion

Published: November 23, 2010. Last Edit: November 24, 2010.

Novell announced today that it has signed a definitive merger agreement under which Attachmate Corporation acquires Novell for $ 6.10 per share (about 9% more compared to the price of last Friday) in cash in a transaction valued at a total of about 2 , $ 2 billion.
Attachmate Corporation is owned by an investor group led by Francisco Partners, Golden Gate Capital and Thoma Bravo.
Novell also announced it has entered into a definitive agreement for the simultaneous sale of certain intellectual property assets (882 patents) to a consortium of technology companies, called CPTN Holdings LLC, led by Microsoft Corporation, for $ 450 million in cash.
Attachmate provides Novell to separate into two business units (business units): Novell and SUSE.

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