SUSE prepares for multi-billion Euro IPO

SUSE prepares for multi-billion Euro IPO

The rumors were true. EQT, the Swedish-based private equity firm with €52 billion in assets, is getting ready to spin SUSE, the leading European Union (EU) Linux distributor, out in an IPO. The SUSE IPO, according to Reuters and ZDNet sources, will be worth €7 billion to €8 billion ($8.3 billion to $9.5 billion).

The SUSE IPO spinout has been in the works since late 2020. Prior to that SUSE…

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