306

Marcel LUX III SARL (Marcel) as the largest shareholder in SUSE is planning to take the company private and delist it from the Frankfurt Stock Exchange. SUSE will be merged with an unlisted Luxembourg entity. Marcel currently owns a 79% stake in SUSE.

SUSE.com press release

you are viewing a single comment's thread
view the rest of the comments
[-] makingStuffForFun@lemmy.ml 115 points 1 year ago

If they're public, they have huge pressure. If not, they can play their own game with a specific strategy that a shareholder might not like. So this could well be a good thing. Public trading usually leads to enshitification.

[-] ag_roberston_author@beehaw.org 34 points 1 year ago

Marcel LUX III SARL

Company wholly owned by the EQT group, a publicly traded global investment organization. This is just going to lead to more enshittification.

load more comments (4 replies)
this post was submitted on 17 Aug 2023
306 points (99.4% liked)

Linux

48366 readers
1206 users here now

From Wikipedia, the free encyclopedia

Linux is a family of open source Unix-like operating systems based on the Linux kernel, an operating system kernel first released on September 17, 1991 by Linus Torvalds. Linux is typically packaged in a Linux distribution (or distro for short).

Distributions include the Linux kernel and supporting system software and libraries, many of which are provided by the GNU Project. Many Linux distributions use the word "Linux" in their name, but the Free Software Foundation uses the name GNU/Linux to emphasize the importance of GNU software, causing some controversy.

Rules

Related Communities

Community icon by Alpár-Etele Méder, licensed under CC BY 3.0

founded 5 years ago
MODERATORS