SUSE, a provider of enterprise-grade, open source software-defined infrastructure and application delivery solutions, has announced the completion of the company’s acquisition from Micro Focus by growth investor EQT and its status as a standalone business.
With its ongoing momentum, portfolio expansion, and successful execution in the marketplace, the company says as a standalone business it is now even better positioned to focus on the needs of customers and partners as a leading provider of enterprise-grade, open source software-defined infrastructure and application delivery solutions that enable customer workloads anywhere – on premise, hybrid and multi-cloud – with exceptional service, value and flexibility.
The newly independent SUSE has expanded its executive team, adding new leadership roles and experience to foster its continued momentum into this next stage of corporate development. Enrica Angelone has been named to the new post of chief financial officer, and Sander Huyts is SUSE's new chief operations officer. Thomas Di Giacomo, formerly chief technology officer for SUSE, is now president of Engineering, Product, and Innovation. All three report to SUSE CEO Nils Brauckmann.
"Current IT trends make it clear that open source has become more important in the enterprise than ever before," Brauckmann said. "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 organizations, 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 realize the hybrid and multi-cloud workload management they require to power their own continuous innovation, competitiveness and growth."
According to SUSE, its transition to independence is timely as containers are enabling new levels of agility and the need for digital transformation built on open source software-defined infrastructure and application delivery technologies is growing. SUSE's heritage in open source software, strong branding, and its array of innovative solutions, including container management, makes it ideally positioned to capitalize on this market dynamic, creating tremendous value for customers and partners, the company says.
EQT's backing and SUSE's independent status will enable the company's continued expansion as advanced innovation drives growth in SUSE's core business as well as in emerging technologies, both organically and through add-on acquisitions.
For more information, visit www.suse.com.