On Thursday Novell reported another poor quarter with fiscal second-quarter earnings down 5.4 percent to $204 million and a declining cash balance of $980 million. That's bad for Novell investors, of course, but it may portend something even worse for the wider industry.
Patent lawsuits. Lots of them.
As reported, as many as 20 organizations have registered bids for Novell, most (or all) of them private equity firms. While an Oracle or a Cisco might acquire Novell for its maintenance streams and product portfolio, it's unclear that private equity firms will have the same motivation. For at … Read more