SUSE to go private

#1

Post by mroche » Thu, Aug 17, 2023, 7:40 PM UTC

Re: SUSE to go private

#2

Post by doctoboggan » Thu, Aug 17, 2023, 8:27 PM UTC

Recently I’ve been getting more and more into the Rancher ecosystem as they always have some offering that meets my needs and I can trust it will interop well enough.

I really hope that this does not affect the future of Rancher.

Re: SUSE to go private

#3

Post by CharlesW » Thu, Aug 17, 2023, 8:29 PM UTC

HN SmartFriends™, what does this mean? What's the risk for companies which are highly invested in SUSE?

Re: SUSE to go private

#4

Post by jacooper » Thu, Aug 17, 2023, 8:29 PM UTC

Not again..... Edit: it's the same EQT firm that made the SUSE IPO, and owned the majority of it since 2018.

Re: SUSE to go private

#5

Post by chucky_z » Thu, Aug 17, 2023, 8:30 PM UTC

I’ve never seen anything good come out of PE delisting like this. Someone please correct me if I’m wrong.

Re: SUSE to go private

#6

Post by jacooper » Thu, Aug 17, 2023, 8:30 PM UTC

CharlesW wrote: post #3

HN SmartFriends™, what does this mean? What's the risk for companies which are highly invested in SUSE?

EQT already owned the majority of SUSE, I doubt this will change anything.

Re: SUSE to go private

#7

Post by mkl95 » Thu, Aug 17, 2023, 8:32 PM UTC

> SUSE’s Management Board and Supervisory Board support the strategic opportunity from delisting of the company as it will allow SUSE to focus fully on its operational priorities and execution of its long-term strategy

What does this mean? Is their current status adding some significant overhead that would go away by going private?

Re: SUSE to go private

#8

Post by bloopernova » Thu, Aug 17, 2023, 8:34 PM UTC

What are the success stories of private equity firms taking over a corporation? (Where success is the products are still made, quality and staffing is maintained at previous levels)

Re: SUSE to go private

#9

Post by paxys » Thu, Aug 17, 2023, 8:36 PM UTC

mkl95 wrote: post #7

> SUSE’s Management Board and Supervisory Board support the strategic opportunity from delisting of the company as it will allow SUSE to focus fully on its operational priorities and execution of its long-term strategy What does this mean? Is their current status adding some significant overhead that would go away by going private?

Going private means you don't have to answer to shareholders and their short term demands, which may be a good thing for a company. Of course it would be naive to assume that the private equity firm that bought it is in it for the good of the community rather than pure profit.

Re: SUSE to go private

#10

Post by r0ckarong » Thu, Aug 17, 2023, 8:36 PM UTC

And thus the squeeze cycle can begin anew. Brauckmann made his money, DiDonato made her money, the EQT guys made their money. Time to share this cake with more ants.