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

  • empireOfLove@lemmy.oneEnglish
    27·
    1 year ago

    It’s private equity. Assume it’s going to involve bending over with no lube and a lot of lawyers.

    • 𝒍𝒆𝒎𝒂𝒏𝒏@lemmy.one
      61·
      1 year ago

      Choo choooo all aboard the Enshittification Express

      A bit of a shame because i’ve been eyeing a few Rolling Release distros to move to.

      Edit: typo

      • d3Xt3r@lemmy.nzM
        11·
        1 year ago

        There’s really no reason not to check out OpenSUSE, if you wanted to. If it does go down the enshittification path, it’ll no doubt be forked, given how relatively popular it is.

        This move isn’t anything new by the way - SUSE was only public for two years, and was a private entity prior to that. If you’re worried about enshittification, you should’ve worried about it back when it was acquired by Novell, in 2003. Everyone said SUSE was doomed, but it continued on without any issues. SUSE changed ownership thrice since then, and yet it still stands strong, even two decades after Novell’s acquisition. So I expect this move won’t change anything, at least in the short term.

        • 𝒍𝒆𝒎𝒂𝒏𝒏@lemmy.one
          3·
          1 year ago

          That’s reassuring, never knew about OpenSUSE’s aquisition history. Thanks for the info 👌

          I checked out Leap a while back and was really impressed with how well thought out everything is, especially the control panel (I think it was called Yast?)

        • Shareni@programming.dev
          2·
          1 year ago

          Of course they weren’t doomed during the Novell era, when they helped MS screw over the entire Linux community, and they sold Linux licences to MS that MS would sell to their customers as security that they won’t sue them for using Linux and therefore infringing on MS’s patents.