Further Independence for SUSE
The Next Chapter for SUSE
If you’ve been keeping an eye on SUSE news, you’ll have seen that today we announced plans to partner with EQT, a development-focused growth investor with extensive experience in the software industry, in order to launch SUSE as a fully independent company. 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.
This is exciting news for all of us here at SUSE and it marks the next step in our trajectory of growth and momentum. The investment and support provided by EQT will enable us to continue driving our build and buy strategy of expanding both organically and through technology acquisition.
The seasoned SUSE leadership team, led by Nils Brauckmann, CEO, SUSE will remain together and lead the business through this next chapter by staying clearly focused on our mission: to help customers transform their IT infrastructure so they can reduce costs and compete more efficiently while reducing complexity and becoming more agile.
I’d particularly like to highlight three important points:
Continued Growth and Momentum for SUSE. Today’s announcement is clearly good for SUSE and also for our customers and partners. The partnership with EQT will fuel continued expansion, advance innovation and will drive the build and buy strategy required to meet customers’ increasing need for digital transformation, built on open source software-defined infrastructure (SDI) and application delivery technologies.
A bright future for Open, Open Source: In keeping with our 25-year history, SUSE intends to remain committed to an open source development and business model and actively participate in communities and projects to bring open source innovation to the enterprise as high quality, reliable and usable solutions. Our truly open, open source model, where open refers to the freedom of choice provided to customers and not just the code used in our solutions, is embedded in SUSE culture, differentiates us in the market place and has been key to our years of success.
Stability and Continuity for our Customers and Partners. The current leadership team led by SUSE CEO Nils Brauckmann will remain and will continue to focus on the success of customers and partners with a deeply rooted commitment to and engagement with open source communities and projects.
So, stay tuned – there will be more news to come as SUSE enters this next evolution of our business.