November 22nd, 2010

Attachmate Corporation To Buy Novell For $2.2 Billion

Attachmate Corporation has agreed to acquire technology giant Novell for $6.10 per share in cash in a transaction valued at approximately $2.2 billion. Attachmate is owned by an investment group led by Francisco Partners, Golden Gate Capital and Thoma Bravo.

The $6.10 per share consideration represents a 9% premium to the business software maker’s closing stock price last Friday.

Novell also… → Read More