Novell (NOVL) To Acquire PlateSpin Ltd for $205M

February 25, 2008 9:05 AM EST

Novell today announced it has entered into a definitive agreement to acquire PlateSpin Ltd for $205 million in cash.

PlateSpin offers extensive solutions for the management of heterogeneous workloads that encapsulate data, applications and operating systems residing on a physical or virtual host.

Novell said the acquisition will extend Novell's leadership position in the next-generation data center by providing the only solution to dynamically deliver business critical services across both physical and virtual infrastructures.

Stocks Mentioned


Add Your Comment