This whole thing of private equity + companies getting massively inflated - only ends one way, it might not be this this buyer but one down the line, but there is something deeply wrong with the whole model, the one that starts with startups such as those funded by ycombinator.
Incipient•25m ago
The point being someone is left holding the bag?
That's potentially true, but not necessarily. I haven't looked into this particular case, however it's entirely possible that a lot of the EU have started divesting from Windows and into suse, which has caused a big spike in revenue here.
Or its PE doing PE things and it's all a farce.
pocksuppet•20m ago
Nobody uses SuseLinux any more. If SUSE gets 6 billion dollars and a private equity firm gets nothing valuable, there's nothing wrong with that.
bruce511•44s ago
By "nobody" I presume you mean you and your friends?
From the article;
>> "More than 60% of the Fortune 500 rely on SUSE to power some of their workloads, according to the company."
This is an Enterprise version of Linux, and unless you are in the enterprise space you're unlikely to come across it.
Also from the article;
>> "The company generates about $800 million in revenue "
So again, this suggests that people are indeed using it.
stuaxo•1h ago
Incipient•25m ago
That's potentially true, but not necessarily. I haven't looked into this particular case, however it's entirely possible that a lot of the EU have started divesting from Windows and into suse, which has caused a big spike in revenue here.
Or its PE doing PE things and it's all a farce.
pocksuppet•20m ago
bruce511•44s ago
>> "More than 60% of the Fortune 500 rely on SUSE to power some of their workloads, according to the company."
This is an Enterprise version of Linux, and unless you are in the enterprise space you're unlikely to come across it.
Also from the article; >> "The company generates about $800 million in revenue "
So again, this suggests that people are indeed using it.