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Growth investor EQT acquires SUSE; creates the largest independent open source company

The company has been acquired from Micro Focus by growth investor EQT.

March 18, 2019 / 19:59 IST
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Representative Image
Representative Image

Moneycontrol News

SUSE announced the creation of the largest independent open source company following the completion of SUSE's acquisition by growth investor EQT from Micro Focus.

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The newly independent SUSE has expanded its executive team, adding new leadership roles and experience to foster its continued momentum into this next stage of corporate development. Enrica Angelone has been named to the new post of chief financial officer, and Sander Huyts is SUSE's new chief operations officer. Thomas Di Giacomo, formerly chief technology officer for SUSE, is now president of Engineering, Product and Innovation. All three report to SUSE CEO Nils Brauckmann.

SUSE has been acquired multiple times before being an independent entity finally. The company was acquired by Novell in 2004, which was acquired by Attachmate in 2010. Micro Focus then acquired Attachmate in 2014, and made SUSE an independent division before selling to EQT.