Novell Disappoints as Ownership Concerns Continue (Datamation)

Datamation looks at Novell's third quarter financial results, which have fallen short of the company's projections. "The decline in revenues in the third quarter extended across Novell's multiple product lines, including its security-management and operating platforms, as well as its Linux business. Novell's reported revenue of $108 million for its security-management and operating platforms, down 2 percent year-over-year. Earlier this week, Novell announced a new cloud security service to manage access, identity and compliance. Novell's SUSE Linux platform products revenue in the third quarter netted $36 million, a decline of 7 percent from the third quarter of 2009. " (Thanks to Don Marti)

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