An anonymous reader quotes a report from ZDNet: According to Bloomberg, EQT is planning an IPO for German Linux and enterprise software company SUSE. EQT is a Swedish-based private equity firm with 50 billion euros in raised capital. SUSE is the leading European Union (EU) Linux distributor. Over the years, SUSE has changed owners several times. First, it was acquired by Novell in 2004. Then, Attachmate, with some Microsoft funding, bought Novell and SUSE in 2010. This was followed in 2014 when Micro Focus purchased Attachmate and SUSE was spun off as an independent division. Then, EQT purchased SUSE from Micro Focus for $2.5 billion in March 2019. With an IPO of approximately $6 billion, EQT would do very well for itself in very little time. Bloomberg states that the IPO talks are in a very preliminary stage. Nothing may yet come of these conversations. As for SUSE, a company representative said, “As a company, we are constantly exploring ways to grow. But as a matter of corporate policy, we do not comment on rumor or speculation in the market.”
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