The only problem they have is the high valuation, ... This company has had a lot successes, they have a great pipeline, and I think they'll have many successes over the next few years. But it's an expensive stock.
Novell is a solidly different company today than it was one year ago,
We've had a pretty difficult year, ... We are six months into a process of transforming from a relatively straight-forward software company into a solutions-based company.
They have over 30 programs in the clinic, which for a company this size certainly is one of the better pipelines we've come across.
When you are serious about selling a company you approach likely buyers in a non-public manner. The history of these kinds of announcements is that they rarely lead to a definite transaction.
The company isn't run for the long-term value of our shareholders but for the long-term value of our end users.