Attachmate Corp. to acquire Novell for $2.2 billion

Attachmate would be paying a purchase price of $6.10 per common share in cash for Novell, a leader in intelligent workload management, which helps organizations securely deliver and manage computing services across physical, virtual and cloud computing environments through solutions for identity and security, systems management, collaboration and Linux based operating platforms.

“This acquisition will add significant assets to our current portfolio holdings and the Novell and SUSE brands will allow us to deliver moreover value to clients,” said Jeff Hawn, chairman and CEO of Attachmate Corporation. “We have great respect for Novell’s business, its employees and its commitment to clients. In addition, we look forward to maintaining and furthermore strengthening Novell and SUSE solutions to meet market demands.”