Novell shareholders approve sale to Attachmate

The deal still hangs on a controversial patent deal with Microsoft, Oracle and other vendors

Novell's shareholders have approved the sale of the company to Attachmate for about US$2.2 billion, although the deal depends on Novell getting approval to sell hundreds of patents to a consortium led by Microsoft.

About 99 per cent of the shares voted at Thursday's special shareholder meeting were voted in favor of the acquisition, Novell said. That represented 66 per cent of Novell's total outstanding shares, enough for the merger to go ahead.

However, the sale depends partly on Novell getting antitrust approval for a controversial deal to sell more than 800 patents, for $450 million, to a consortium of companies called CPTN Holdings that includes Microsoft, Oracle and EMC.

That deal triggered alarm bells among open-source software advocates. They fear patents related to open-source software will fall into the hands of vendors that compete with those same open-source products.

The sale is being scrutinized by antitrust authorities in the U.S. and Germany. The U.S. Department of Justice recently asked for more information about the deal from Novell and CPTN, and Novell said it was gathering information to respond.

Exactly which patents are part of the sale still hasn't been made public, although a few details emerged in January.

Attachmate made its bid for Novell in November, ending months of speculation about who would try to buy the company. Attachmate is backed by private equity firms Francisco Partners, Golden Gate Capital and Thoma Bravo. Its products include software for terminal emulation and fraud detection.

Novell is best known these days for its SUSE Linux OS and Xen virtualization software. Attachmate has said it would run Novell as two separate business units -- Novell and SUSE.

Join the Good Gear Guide newsletter!

Error: Please check your email address.

Tags business issuesopen sourceMergers / acquisitionsattachmateMicrosoftintellectual propertypatentlegalsoftwareoperating systemsnovell

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

James Niccolai

IDG News Service
Show Comments

Essentials

Microsoft L5V-00027 Sculpt Ergonomic Keyboard Desktop

Learn more >

Lexar® JumpDrive® S57 USB 3.0 flash drive

Learn more >

Mobile

Lexar® JumpDrive® S45 USB 3.0 flash drive 

Learn more >

Exec

HD Pan/Tilt Wi-Fi Camera with Night Vision NC450

Learn more >

Lexar® Professional 1800x microSDHC™/microSDXC™ UHS-II cards 

Learn more >

Audio-Technica ATH-ANC70 Noise Cancelling Headphones

Learn more >

Lexar® JumpDrive® C20c USB Type-C flash drive 

Learn more >

Budget

Back To Business Guide

Click for more ›

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre x360

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga 910

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Kathy Cassidy

STYLISTIC Q702

First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni

STYLISTIC Q572

For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?