Marcel LUX III SARL (Marcel) as the largest shareholder in SUSE is planning to take the company private and delist it from the Frankfurt Stock Exchange. SUSE will be merged with an unlisted Luxembourg entity. Marcel currently owns a 79% stake in SUSE.

SUSE.com press release

  • donut4ever@lemm.ee
    link
    fedilink
    arrow-up
    26
    arrow-down
    1
    ·
    1 year ago

    That’s fantastic. That means they’ll focus more on quality, not just profit for the blackholes, I mean shareholders. I don’t use suse, but I’m very happy this is happening.

    • Shareni@programming.dev
      link
      fedilink
      arrow-up
      8
      ·
      edit-2
      1 year ago

      Let’s remember a time when Suse was owned by Nowell. Suse “admited” to Linux infringing on Microsoft’s patents in order to screw over redhat, and that allowed MS to continuously harras the entire Linux community for like a decade.