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

    • Shareni@programming.dev
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      1 year ago

      When Suse was privately owned by Nowell they helped Microsoft screw over the entire Linux community for over a decade.

      • bellsDoSing@lemm.ee
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        1 year ago

        The past doesn’t necessarily dictate the future. If the people in charge of SUSE’s direction going forward think way differently than the one’s back in regards to your comment, then the outcome can be different / better for the Linux community, can’t it?

        • lazyraccoon@lemmy.ml
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          1 year ago

          You’re both correct, there is no guarantee that the new owner will necessarily be bad… But I hold distrust against such moves.

          We’ll wait and see, I guess.

        • Shareni@programming.dev
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          1 year ago

          For sure, I’m just giving it as a counter to most people in the thread thinking privately owned must be better than publicly.