SUSE adds C-level executives to ensure continued success, momentum and growth as a leading provider of enterprise-grade, open source software-defined infrastructure and application delivery solutions to enable hybrid and multi-cloud workload management
HONG
KONG, CHINA - Media
OutReach - 18 March 2019 - SUSE® today announced the creation of
the largest independent open source company following the completion of SUSE's acquisition by growth investor EQT from Micro Focus. With its ongoing momentum,
portfolio expansion and successful execution in the marketplace, as a
standalone business SUSE is now even better positioned to focus on the needs of
customers and partners as a leading provider of enterprise-grade, open source
software-defined infrastructure and application delivery solutions that enable
customer workloads anywhere -- on premise, hybrid and multi-cloud -- with
exceptional service, value and flexibility.
The newly independent SUSE has expanded its executive
team, adding new leadership
roles and experience to foster its
continued momentum into this next stage of corporate development. Enrica
Angelone has been named to the new post of chief financial officer, and Sander
Huyts is SUSE's new chief operations officer. Thomas Di Giacomo, formerly chief
technology officer for SUSE, is now president of Engineering, Product and
Innovation. All three report to SUSE CEO Nils Brauckmann.
"Current IT trends make it clear that open source has
become more important in the enterprise than ever before," Brauckmann said. "We
believe that makes our status as a truly independent open source company more
important than ever. Our genuinely open, open source solutions, flexible
business practices, lack of enforced vendor lock-in and exceptional service are
more critical to customer and partner organizations, and our
independence coincides with our single-minded focus on delivering what is best
for them. Our ability to consistently meet these market demands creates a cycle
of success, momentum and growth that allows SUSE to continue to deliver the
innovation customers need to achieve their digital transformation goals and
realize the hybrid and multi-cloud workload management they require to power
their own continuous innovation, competitiveness and growth."
SUSE's transition is timely as containers are enabling new
levels of agility and the need for digital transformation built on open source
software-defined infrastructure and application delivery technologies is
growing. SUSE's heritage in open source software, strong brand and array of
innovative solutions, including container management, ideally position it to
capitalize on this market dynamic,
creating tremendous value for customers and partners.
EQT's backing and SUSE's independent status will enable the company's continued
expansion as advanced innovation drives growth in SUSE's core business as well
as in emerging technologies, both organically and through add-on acquisitions.
Al Gillen, group vice president, Software Development and
Open Source, IDC, said, "SUSE's return to the role of an independent open
source software company comes at a pivotal point in the industry. Open source
software is the favored way to build new solutions today and is irreplaceable
as the foundation for most public
cloud services. As one of the industry's largest purely open source software
companies, SUSE's independence will benefit customers as the company builds on
its heritage of technical excellence, value-driven partnerships and community
engagement to deliver timely technology solutions to the market."
SUSE's expanded leadership team led by CEO Brauckmann will
build on the rapid growth of the past eight years as the company continues to
deliver and innovate based on current and future market requirements. As it has
for more than 25 years, SUSE remains committed to an open source development
and business model and to actively participating in communities and projects to
bring open source innovation to the enterprise as high-quality, reliable and
usable solutions. This truly open, open source model refers to the flexibility
and freedom of choice provided to customers and partners to create
best-of-breed solutions that combine SUSE technologies with other products and
technologies in their IT landscape through open standards and at different
levels in their architecture, without forcing a locked-in stack. This focus on
openness is embedded in SUSE's culture, differentiates it in the marketplace and
has been key to its success.
Johannes Reichel, partner at EQT, said, "SUSE's market
presence, strong leadership, focus on customer success and ability to partner successfully
have been and will continue to be crucial as SUSE enters this next phase of its
evolution. It is in the right place at the right time with the right resources
to help transform the way organizations around the world do business."
As an independent, trusted partner for enterprise digital
transformation, SUSE delivers software solutions, support and services through
a multinational organization and an enabled, qualified partner ecosystem
underpinned by secure enterprise-grade technologies. SUSE is currently involved
in more than 100 open source projects, supported by employees around the world.
The company continues to grow as an independent vendor of open source software
as it helps organizations of all kinds transform and compete in today's business
environment. For more information, visit www.suse.com.
Copyright 2019 SUSE LLC. All rights reserved. SUSE and the SUSE logo are registered trademarks of SUSE LLC in the United States and other countries. All third-party trademarks are the property of their respective owners.
About SUSE
SUSE, a pioneer in open source
software, provides reliable, software-defined infrastructure and application
delivery solutions that give enterprises greater control and flexibility. More
than 25 years of engineering excellence, exceptional service and an unrivaled
partner ecosystem power the products and support that help our customers manage
complexity, reduce cost, and confidently deliver mission-critical services. The
lasting relationships we build allow us to adapt and deliver the smarter
innovation they need to succeed -- today and tomorrow. For more information,
visit www.suse.com.
About EQT
EQT is a leading investment firm with
more than EUR 61 billion in raised capital across 29 funds and around EUR 40
billion in assets under management. EQT funds have portfolio companies in
Europe, Asia and the US with total sales of more than EUR 19 billion and approximately
110,000 employees. EQT works with portfolio companies to achieve sustainable
growth, operational excellence and market leadership.
More info: www.eqtpartners.com
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