Feeds

Novell CEO steps down as it acquires consulting firm

Services will now be a third of its business

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Novell's long-standing chief executive Eric Schmidt is to step aside as part of a deal by the networking software vendor to acquire IT solutions firm, Cambridge Technology.

The $266m all-stock agreement to acquire Cambridge is seen by Novell as a means to expand its ability to offer consulting support to its customers and services partners, who are looking to deploy ecommerce and business applications across the Internet.

Novell board member Jack Messman, and president and chief executive officer of Cambridge, will assume the role of chief executive officer at Novell. He will replace Schmidt, who will continue to serve as chairman and chief strategist for Novell.

Though he orchestrated a brief turnaround at Novell since joining in April 1997, Schmidt was not able to stem the long-term erosion of Novell's market share to competitors such as Microsoft and the Linux distributors.

This provoked a rethink of the firm's strategy that has placed more emphasis on developing Internet services software and consulting.

With completion of the Cambridge Technology acquisition, consulting services will represent over one third of Novell's business, moving its revenue stream further away from its traditional reliance of its NetWare network operating system.

The change in senior management comes just before Novell's annual Brainshare conference, which starts on 18 March. At Brainshare Novell is expected to unveil NetWare 6.0, the next version of its network operating system software which is likely to add web access and portal features. The firm is also likely to provide details of an update to its eDirectory software, which is code-named Falcon. ®

Related Link

Novell spin on the acquisition

Related Stories

Novell bans The Register
MS still owns desktop, but Linux gains at server end
Novell, Nortel and Accenture start content networking company
Novell still a sick puppy
New ZENworks: sys admin boys are happy

Providing a secure and efficient Helpdesk

More from The Register

next story
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.