With a team headed by Frankfurt office partners Till Kosche and Thorsten Reinhard, Noerr has advised the international software manufacturer Micro Focus on the sale of its subsidiary SUSE.
The buyer is the investor EQT Partners, which will be taking over the open source pioneer SUSE for USD2.5 billion via an investment vehicle.
The transaction is still subject to antitrust clearance and further closing conditions. Closing is expected to take place in the first quarter of 2019.
SUSE, which is headquartered in Nuremberg, has been developing Linux and open source solutions for more than 25 years. The software company Micro Focus, which is listed in the British stock index FTSE 100, acquired SUSE in 2014 when taking over the U.S. Attachmate Group. Also in that transaction Micro Focus relied on Noerr and a team led by partners Thorsten Reinhard and Tillmann Hecht.
