EQT Concludes SUSE’s Acquisition from Micro Focus

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The backing of EQT and the independent status of SUSE will now help the company in its continued expansion as advanced innovation push growth of its core business

SUSE, a pioneer in open source software, announced that the growth investor EQT has completed the company’s acquisition from Micro Focus.

SUSE is now better placed to focus on the requirements of clients and partners as a leading provider of enterprise-grade, open source software-defined infrastructure and application delivery solutions, it said in a statement.

These solutions allow customer workloads anywhere – on premise, multi-cloud and hybrid – with excellent service, flexibility and value.

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Revamped executive team

The company has expanded its C-level executives and announced new roles as it moved from being a Micro Focus’ subsidiary into a completely individual business. The new roles are:

  • Enrica Angelone has been named to the new post of Chief Financial Officer.
  • Sander Huyts is appointed as new Chief Operations Officer.
  • Thomas Di Giacomo, formerly Chief Technology Officer, is now the President of Engineering, Product and Innovation.

All the above leaders will report to Nils Brauckmann, Chief Executive Officer (CEO), SUSE.

Independent open source company

Commenting on the development, Brauckmann said, “Current IT trends make it clear that open source has become more important in the enterprise than ever before. We believe that makes our status as a truly independent open source company more important than ever. Our genuinely open, open source solutions, flexible business practices, lack of enforced vendor lock-in and exceptional service are more critical to customer and partner organisations, and our independence coincides with our single-minded focus on delivering what is best for them.”

“Our ability to consistently meet these market demands creates a cycle of success, momentum and growth that allows SUSE to continue to deliver the innovation customers need to achieve their digital transformation goals and realise the hybrid and multi-cloud workload management they require to power their own continuous innovation, competitiveness and growth,” he added.

Johannes Reichel, Partner at EQT, said, “SUSE’s market presence, strong leadership, focus on customer success and ability to partner successfully have been and will continue to be crucial as SUSE enters this next phase of its evolution. It is in the right place at the right time with the right resources to help transform the way organisations around the world do business.”

The backing of EQT and the independent status of SUSE will now help the company in its continued expansion as advanced innovation push growth of its core business and in emerging technologies – organically as well as through add-on acquisitions.

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