Novell To Buy PlateSpin For $205 Million In Cash
Novell (NOVL) this morning announced a deal to acquire data center management software provider PlateSpin for $205 million in cash. Investors in PlateSpin included Insight Venture Partners, OpenView Venture Partners, CastleHill Ventures, Covington Capital and Skylon Capital.
Novell this morning is down 6 cents at $6.51.
When is HP or IBM buying NOVL?

Tech Trader Daily is a blog on technology investing written from Palo Alto, California by long-time Barron's West Coast Editor Eric J. Savitz. The blog provides news, analysis and original reporting on events important to investors in software, hardware, the Internet, telecommunications and related fields.