Equity Group EQT to buy open-source provider SUSE from UK’s Micro Focus for $2.5 billion

Nuremberg,Germany / Bengalore,India: UK’s Micro Focus has agreed to sell its open-software arm SUSE to private equity group EQT for $2.5 billion, according to reports. As a part of the deal, SUSE will continue to function and operate as an independent business post the deal. The completion of EQT’s acquisition of SUSE from Micro Focus is subject to Micro Focus shareholder and customary regulatory approvals and is expected to occur in early 2019. In a partnership with EQT, SUSE expects to be equipped to further exploit the excellent market opportunity…

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