SUSE, the German Linux vendor and acquirer of enterprise tools like Rancher and Neuvector, has had its fair share of owners since it was founded in 1992. There was Novell, which acquired it in 2003. Then Novell itself was acquired by The Attachmate Group in 2011. Then Attachmate and Micro Focus merged in 2014, only to sell off SUSE to private equity firm EQT Partners in 2018, which then took it public with an IPO on the Frankfurt Stock Exchange in the heady days of summer 2021. And now, EQT Partners is taking SUSE private once again.
EQT remained SUSE’s largest shareholder throughout its time in the public markets, owning 79% of all shares. The firm is offering a 67% premium to SUSE shareholders over …
