Novell agrees to be bought by Attachmate - San Francisco Chronicle

Novell employee Justin De Vries checks network cables hooked up to data servers at company headquarters in Provo, Utah, last month. The firm has struggled to compete with larger rivals.

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Novell Inc., the maker of Linux operating-system software, agreed to be bought by Attachmate Corp. for $2.2 billion, ending an 8-month strategic review aimed at reviving a company that had struggled to sustain growth. Novell investors will get $6.10 a share, Attachmate, a software company owned by private-equity firms including San Francisco's Golden Gate Capital Corp., said Monday in a statement. That's 9.1 percent more than Novell's closing price on Friday. Novell will also sell some intellectual-property assets to a group of technology companies led by Microsoft Corp. for $450 million.

Novell agrees to be bought by Attachmate - San Francisco Chronicle