EQT Eyes $6 Billion Sale of SUSE
Source: Slashdot
Potential Sale of SUSE
Private equity firm EQT AB is reportedly exploring a sale of SUSE that could value the open‑source Linux pioneer at up to $6 billion, roughly doubling the valuation since EQT took the company private in 2023. Reuters reports that EQT has hired investment bank Arma Partners to sound out a group of private‑equity investors for a possible sale, according to sources who requested anonymity to discuss confidential matters.
The deliberations are at an early stage, and there is no certainty that EQT will proceed with a transaction. The potential deal comes amid a broader sell‑off in software stocks, which has disrupted mergers and acquisitions activity. Investors are concerned that new artificial‑intelligence tools could displace many existing software products, weighing on technology valuations and making deals harder to price.
Some investors, however, see Luxembourg‑headquartered SUSE as a potential beneficiary of AI adoption, arguing that demand for enterprise‑grade infrastructure software is likely to grow as companies build and deploy more AI applications. The company generates about $800 million in revenue and more than $250 million in EBITDA, and could fetch between $4 billion and $6 billion in a sale, the sources said.