Novell sold to Attachmate
Novell sold to Attachmate
Novell has announced
the company's sale to Attachmate for $6.10/share. More ominously:
"Novell also announced it has entered into a definitive agreement for
the concurrent sale of certain intellectual property assets to CPTN
Holdings LLC, a consortium of technology companies organized by Microsoft
Corporation, for $450 million in cash, which cash payment is reflected in
the merger consideration to be paid by Attachmate Corporation.
"
Information on what the "certain intellectual property assets" are is
scarce at the moment. (Thanks to Jeff Schroeder).
Update: Novell's 8K filing is available with a bit more information. The "certain intellectual property" is 882 patents. There is also an escape clause for Novell should somebody come along with an offer for the company that includes buying the patents.