Novell wants PlateSpin for $205m
Novell wants to buy the Toronto-based virtualization firm PlateSpin for $205m cash. And you know what, they probably will. The Linux vendor said the to-be-acquired company will continue to operate in its Canadian headquarters, with business cards swapped to the Linux vendor's Systems and Resource Management business unit. The …
.... or get something for free instead:
http://et.redhat.com/~rjones/virt-p2v/
$205M for a $20M turnover!! Expected to make $35M in 2008, hardly the growth patterns of companies in the Virtualization space?
Seems Novell are desperate to be considered in the Virtualization space, not much for VMware to be scared of with this purchase:-)
Bizarre!
Sign up, sign up for Blocks and Files, The Reg's weekly storage newsletter
