More details have been emerging over who owns what in the Novell/Attachmate deal.
John Dragoon, Novell chief marketing officer, great name, issued a statement yesterday revealing that Novell would keep ownership of the UNIX copyrights. Some had feared that Microsoft owning them would be one step too far.
The three paragraph announcement stated: “On November 22, 2010, Novell issued a press release announcing a definitive merger agreement under which Attachmate Corporation (“Attachmate”) would acquire Novell for $6.10 per share in cash (“Merger Agreement”). Novell will continue to own Novell’s UNIX copyrights following completion of the merger as a subsidiary of Attachmate. Novell filed a Form 8-K/A with the SEC on November 22, 2010, with respect to the Merger Agreement.”
Short but to the point.
It went on to say that Novell would file relevant material with the SEC, including a proxy statement.
Speculation had been rife over who will have ownership of what since Novell announced the plans for the $2.2 billion deal earlier this week.
At the time of the original announcement, Novell said it would also sell "certain intellectual property assets to CPTN Holdings LLC, a consortium of technology companies organised by Microsoft Corporation".
It also revealed that Atttachmate planned to operate Novell as two business units: Novell and SUSE; and would join them with its other holdings, Attachmate and NetIQ.
So watch this space.