Suse sold for 2.5 Billion Dollars
Forum rules
Do not post support questions here. Before you post read the forum rules. Topics in this forum are automatically closed 6 months after creation.
Do not post support questions here. Before you post read the forum rules. Topics in this forum are automatically closed 6 months after creation.
- Spearmint2
- Level 16
- Posts: 6900
- Joined: Sat May 04, 2013 1:41 pm
- Location: Maryland, USA
Suse sold for 2.5 Billion Dollars
Suse bought by Swedish Equity Firm
I guess RedHat will be next on the list of some big firm to buy. Might be a good stock investment now.
I guess RedHat will be next on the list of some big firm to buy. Might be a good stock investment now.
Last edited by LockBot on Wed Dec 28, 2022 7:16 am, edited 1 time in total.
Reason: Topic automatically closed 6 months after creation. New replies are no longer allowed.
Reason: Topic automatically closed 6 months after creation. New replies are no longer allowed.
All things go better with Mint. Mint julep, mint jelly, mint gum, candy mints, pillow mints, peppermint, chocolate mints, spearmint,....
Re: Suse sold for 2.5 Billion Dollars
Redhat has already been bought by Oracle some years ago, hasn't it?!
The people of Alderaan have been bravely fighting back the clone warriors sent out by the unscrupulous Sith Lord Palpatine for 792 days now.
Lifeline
Re: Suse sold for 2.5 Billion Dollars
Saw that story yesterday and remember thinking SuSE certainly has changed hands a number of times over the years. Hope it keep going though. Holding companies are notorious for dismantling and selling of companies a piece at at a time.Spearmint2 wrote: ⤴Wed Jul 04, 2018 12:50 am Suse bought by Swedish Equity Firm
I guess RedHat will be next on the list of some big firm to buy. Might be a good stock investment now.
Time will tell.
P.S Redhat has never been sold.
Easy tips : https://easylinuxtipsproject.blogspot.com/ Pjotr's Great Linux projects page.
Linux Mint Installation Guide: http://linuxmint-installation-guide.rea ... en/latest/
Registered Linux User #462608
Linux Mint Installation Guide: http://linuxmint-installation-guide.rea ... en/latest/
Registered Linux User #462608
Re: Suse sold for 2.5 Billion Dollars
About Redhat:
Are you sure Oracle has not bought it? Thought this were the reason why their Oracle Linux looks much like a badly camouflaged Redhat Linux. It is clearly based in Redhat.
OK, maybe I have been wrong all the time. And Oracle merely acquired the right to sell Redhat Linux, rebranded as Oracle Linux.
Are you sure Oracle has not bought it? Thought this were the reason why their Oracle Linux looks much like a badly camouflaged Redhat Linux. It is clearly based in Redhat.
Code: Select all
/etc> cat os-release
NAME="Oracle Linux Server"
VERSION="7.4"
ID="ol"
VERSION_ID="7.4"
PRETTY_NAME="Oracle Linux Server 7.4"
ANSI_COLOR="0;31"
CPE_NAME="cpe:/o:oracle:linux:7:4:server"
HOME_URL="https://linux.oracle.com/"
BUG_REPORT_URL="https://bugzilla.oracle.com/"
ORACLE_BUGZILLA_PRODUCT="Oracle Linux 7"
ORACLE_BUGZILLA_PRODUCT_VERSION=7.4
ORACLE_SUPPORT_PRODUCT="Oracle Linux"
ORACLE_SUPPORT_PRODUCT_VERSION=7.4
/etc> cat redhat-release
Red Hat Enterprise Linux Server release 7.4 (Maipo)
The people of Alderaan have been bravely fighting back the clone warriors sent out by the unscrupulous Sith Lord Palpatine for 792 days now.
Lifeline
Re: Suse sold for 2.5 Billion Dollars
Oracle bought Sun Microsystems in 2010.
Re: Suse sold for 2.5 Billion Dollars
Quite sure karlchen. Red Hat is a publicly held company. As in, its shares are traded on the stock exchange. You too can own a piece of Red hat SUSE on the other hand is a privately held company.
SUSE's 2017 revenue was 304 million USD. Red Hat's was 2.9 billion USD. So Red Hat is about 10 times the size of SUSE. No surprise then that the market cap (total dollar value of outstanding shares) of Red Hat is currently 24 billion. In past year both have shown double digit revenue increase, about 20%. EQT, the one buying SUSE, is going to help SUSE continue and accelerate its growth. Good news for the next few years for SUSE. Eventually it may be sold off again or, maybe, they may issue shares in an IPO.
As for Oracle Linux, AFAIK they do the same thing as CentOS: take the source code of RHEL and build their own packages from it. That's permitted under the GPL. Just can't call it Red Hat or use packages built by Red Hat.
SUSE's 2017 revenue was 304 million USD. Red Hat's was 2.9 billion USD. So Red Hat is about 10 times the size of SUSE. No surprise then that the market cap (total dollar value of outstanding shares) of Red Hat is currently 24 billion. In past year both have shown double digit revenue increase, about 20%. EQT, the one buying SUSE, is going to help SUSE continue and accelerate its growth. Good news for the next few years for SUSE. Eventually it may be sold off again or, maybe, they may issue shares in an IPO.
As for Oracle Linux, AFAIK they do the same thing as CentOS: take the source code of RHEL and build their own packages from it. That's permitted under the GPL. Just can't call it Red Hat or use packages built by Red Hat.
Re: Suse sold for 2.5 Billion Dollars
Hi, xenopeek.
My mental mismatch must have come into existence when Oracle bought Sun Microsystems. It happened that around the same time we setup the first server running on Oracle Linux. This resulted in the incorrect assumption that Oracle must have acquired Redhat as well. An assumption which I never questioned, because at that time I was under the impression that Oracle was on its way to acquire any other software producer in the world anyway.
Cheers,
Karl
My mental mismatch must have come into existence when Oracle bought Sun Microsystems. It happened that around the same time we setup the first server running on Oracle Linux. This resulted in the incorrect assumption that Oracle must have acquired Redhat as well. An assumption which I never questioned, because at that time I was under the impression that Oracle was on its way to acquire any other software producer in the world anyway.
Cheers,
Karl
The people of Alderaan have been bravely fighting back the clone warriors sent out by the unscrupulous Sith Lord Palpatine for 792 days now.
Lifeline
Re: Suse sold for 2.5 Billion Dollars
OK, back to Suse:
So in brief words, I have got no idea whether it is a change for better or for worse, I simply cannot tell. Will wait and see ...
Basically, I like the idea of Suse of being owned by a European enterprise. I consider myself a European patriot. On the one hand. On the other hand, I have grown old enough to learn that European enterprises can be as ruthless as companies anywhere else in the world. Oh well.
So in brief words, I have got no idea whether it is a change for better or for worse, I simply cannot tell. Will wait and see ...
The people of Alderaan have been bravely fighting back the clone warriors sent out by the unscrupulous Sith Lord Palpatine for 792 days now.
Lifeline
- Spearmint2
- Level 16
- Posts: 6900
- Joined: Sat May 04, 2013 1:41 pm
- Location: Maryland, USA
Re: Suse sold for 2.5 Billion Dollars
If you want some interesting historical reading, check former stock ticker SCOX for SCO group and the battle between them and Linux some years back. As I remember it, SCO Group had bought some Unix variety from either Oracle or Novell, or maybe another like Caldera, then claimed they owned it all, including all rights to Linux too. It then went back to whomever owned it previously. A bit fuzzy memory of it over the years since, but I'm going to read up on it again. It was a classic business and OS war that went on. Anyway, if I'm mistaken, it's all in the links below. It was about that time that I think Redhat was going IPO too. It was a huge IPO at the time, then stock price of RHAT, now RHT came crashing down for awhile. Some made big money, some then lost big money in stock market.karlchen wrote: ⤴Wed Jul 04, 2018 8:22 am Hi, xenopeek.
My mental mismatch must have come into existence when Oracle bought Sun Microsystems. It happened that around the same time we setup the first server running on Oracle Linux. This resulted in the incorrect assumption that Oracle must have acquired Redhat as well. An assumption which I never questioned, because at that time I was under the impression that Oracle was on its way to acquire any other software producer in the world anyway.
Cheers,
Karl
https://en.wikipedia.org/wiki/SCO_Group
https://en.wikipedia.org/wiki/SCO%E2%80 ... x_disputes
https://arstechnica.com/tech-policy/201 ... sco-v-ibm/
All things go better with Mint. Mint julep, mint jelly, mint gum, candy mints, pillow mints, peppermint, chocolate mints, spearmint,....
- Spearmint2
- Level 16
- Posts: 6900
- Joined: Sat May 04, 2013 1:41 pm
- Location: Maryland, USA
Re: Suse sold for 2.5 Billion Dollars
European? Isn't it Swedistan now?karlchen wrote: ⤴Wed Jul 04, 2018 8:46 am OK, back to Suse:Basically, I like the idea of Suse of being owned by a European enterprise. I consider myself a European patriot. On the one hand. On the other hand, I have grown old enough to learn that European enterprises can be as ruthless as companies anywhere else in the world. Oh well.
So in brief words, I have got no idea whether it is a change for better or for worse, I simply cannot tell. Will wait and see ...
All things go better with Mint. Mint julep, mint jelly, mint gum, candy mints, pillow mints, peppermint, chocolate mints, spearmint,....
Re: Suse sold for 2.5 Billion Dollars
Sweden is a European state.
Sweden should be famous for Ikea, Volvo, Köttbullar (meatballs), Pippi Longstocking, midsummer parties, and a few other things.
Sweden should be famous for Ikea, Volvo, Köttbullar (meatballs), Pippi Longstocking, midsummer parties, and a few other things.
The people of Alderaan have been bravely fighting back the clone warriors sent out by the unscrupulous Sith Lord Palpatine for 792 days now.
Lifeline
Re: Suse sold for 2.5 Billion Dollars
That's the beauty of it.
Re: Suse sold for 2.5 Billion Dollars
...in my mind, the word Sweden almost instantly reminds me of...
Re: Suse sold for 2.5 Billion Dollars
For something slightly easier to digest than köttbullar and Ingmarthx-1138 wrote: ⤴Wed Jul 04, 2018 12:04 pm ...in my mind, the word Sweden almost instantly reminds me of...
Re: Suse sold for 2.5 Billion Dollars
Hahahaha - that's the spirit!
Certainly nothing wrong with Swedish pop either - quite the contrary...
Certainly nothing wrong with Swedish pop either - quite the contrary...
Re: Suse sold for 2.5 Billion Dollars
...speaking of older swe pop, you reminded me of... (sadly not that famous outside their homeland)...
https://www.youtube.com/watch?v=KqyBjMbT62E
Check the members' solo works & side-projects as well (they're still active actually)...
Re: Suse sold for 2.5 Billion Dollars
Great music, never heard of them! Thanks for the links!thx-1138 wrote: ⤴Wed Jul 04, 2018 2:03 pm ...speaking of older swe pop, you reminded me of... (sadly not that famous outside their homeland)...
https://www.youtube.com/watch?v=KqyBjMbT62E
Check the members' solo works & side-projects as well (they're still active actually)...
Here is another musical phenomenon:Teddybears of Swedistan
... known for mixing pop, rock, hip-hop, electronica, reggae, punk and many other genres.(Wikipedia)
Hej så länge!
- Spearmint2
- Level 16
- Posts: 6900
- Joined: Sat May 04, 2013 1:41 pm
- Location: Maryland, USA
Re: Suse sold for 2.5 Billion Dollars
Being of religious mindset, I'm reminded of Emmanuel Swedenborg, especially his book "Heaven & Hell".thx-1138 wrote: ⤴Wed Jul 04, 2018 12:04 pm...in my mind, the word Sweden almost instantly reminds me of...
Of course, I don't think I can ever forget this one!
https://www.youtube.com/watch?v=AIf1fydxrfo
Also an ABBA fan. Have numerous of their albums and the movie too. One of my favorites.
https://www.youtube.com/watch?v=iyIOl-s7JTU
Also the song about "the girl with the golden hair".
Best ABBA video of Agneta, great facial expression.
https://www.youtube.com/watch?v=hCBPkUxFZ5M
All things go better with Mint. Mint julep, mint jelly, mint gum, candy mints, pillow mints, peppermint, chocolate mints, spearmint,....