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[News] Novell Loses Another Key Figure, Becomes Takeover Target

One more Novellite leaves the building

,----[ Quote ]
| ...the Novell exodus continues...with Walter Knapp, former effective
| head of the Novell's Linux Impact Team, is leaving Novell's Waltham
| headquarters for other work.
`----

http://weblog.infoworld.com/openresource/archives/2007/04/one_more_novell.html

McAfee, Novell, And Company: New Takeover Technique

,----[ Quote ]
| The Financial Times has come up with a novel assessment of the stock
| options scandal. It may open the door to takeover bids at as many
| as 42 companies. The primary leverage is that investors can ask the
| courts to call an annual meeting in many states when the company has
| not held one for over 13 months. Companies involved in the options
| scandal cannot send out proxies for these meetings because they do
| not have the required financial statements to go along.
| 
| [...]
| 
| Novell, for example, has been in trouble for some time. It recently
| signed a deal with Microsoft (Nasdaq: MSFT) to bundle the company's
| Linux products with Windows in a joint selling effort to enterprises.
`----

http://www.streetinsider.com/Contributors/McAfee,+Novell,+And+Company:+New+Takeover+Technique/2144525.html


Related:

Novell, The Eight Hundred Pound Penguin

,----[ Quote ]
| Interestingly, according to Masie, after realizing that they
| couldn't open-source Netware, Novell apparently considered
|                               ^^^^^^^^^^^^^^^^^^^^^^^^^^^^
| acquiring Red Hat at the time, as well as the possibility of
| ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
| forking Slackware before deciding to acquire Ximian, and
| subsequently SUSE.
| 
| [...]
| 
| It is also very interesting that, although the main role of Nat
| Friedman and Miguel De Icaza is ensuring that Novell behave
| properly within the community, they were only briefed within
| the last week before the announcement about the Microsoft deal.
`----

http://boycottnovell.com/2006/12/17/novell-the-eight-hundred-pound-penguin/

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