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IBM And Intel Help Rescue SuSE From Insolvency

Posted by timothy on from the bread-gets-buttered dept.

mutantcamel writes: "A report on NetworkFusion states that SuSE has avoided insolvency thanks to a fresh round of investment that raised $45.5 million for the ailing company. IBM and Intel are among the players that have announced their support for the company. The rescue package comes after quite a turbulent time at SuSE HQ, but the company seems optimistic about the future."

7 of 251 comments (clear)

  1. Waiting for the other shoe to drop? by wrinkledshirt · · Score: 3, Funny

    I'm just wondering if anybody else is hating the fact that they might have to start liking Intel because of this.

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    Bleah! Heh heh heh... BLEAH BLEAH!!! Ha ha ha ha...

  2. Meanwhile at SuSe.. by CaffeineAddict2001 · · Score: 4, Funny

    $45 Million is a truely disturbing ammount. Now is the time on sprockets when we dance.

  3. The Frog and the Penguin by Anonymous Coward · · Score: 1, Funny


    Suse's biggest mistake was using that green frog in their advertisements and on their boxes. While everyone in the whole world was swooning over that cute and adorable Tux the Penguin, Suse had some cold and clammy unattractive green frog. From a PR perspective it was a big mistake. Everyone loves a Penguin, but folks are indifferent to frogs. More importantly, when folks see Tux, they say ``this is really cool--it's Tux''. It is instant brand recognition. On the other hand, when people saw the Suse frog they said ``what the hell is this? Sesame Street?''

    1. Re:The Frog and the Penguin by biohazard99 · · Score: 2, Funny

      Hey that gives me an idea someone should pitch to TechTV, give Tux his own saturday morning cartoon, beating script kiddies and crackers with the power of open source, they could make John C. Dvorak the village idiot/comic relief, it would be good for a 10 share.

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      Read my plan to save the Bengals
  4. Sooo many cookies! by Rocky+Mudbutt · · Score: 3, Funny

    NWFusion.com tried to forcefeed me 32 cookies to read the article, I think I have indigestion.

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    Ethics II Axiom 2. "Man thinks." B. Spinoza
  5. Would anyone save Loki? by Wolfier · · Score: 4, Funny

    Hm...only 1 or 2 millions would do...IBM, please?

  6. "In other news, by The_Messenger · · Score: 1, Funny
    popular GNU/Linux distribution SuSE has announced that it will no longer support CPUs manufactured by Advanced Micro Devices, Incorporated. When asked what prompted such a decision, SuSE engineers replied, 'We suddenly had some insight into what an unpolished product AMD is pushing. And we mean really sudden.'

    "SuSE also made news today when it was learned that Dirk Hohndel, SuSE ex-CTO, will head IBM's new Linux Technology division, located in Rotterdam."

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    I like to watch.