U.S.-based software company Novell Inc. will look at acquisition opportunities as it expands its business distributing and supporting Linux-based open-source software, the company's chief operating officer said.
"I believe there are going to be some things that we are going to build which will be very important and I also believe we will be acquisitive in the market place," Novell President and Chief Operating Officer Ron Hovsepian told Reuters. "Everything is on the table." Hovsepian said the active level of merger and acquisition activity within the software sector was likely to continue, and wider adoption of open-source software was likely to fuel corporate activity.
"I think the overall open-source movement is going to fundamentally change what role a number of software players have in the industry over the next five to 10 years, therefore you are going to have to redefine yourself," he said.
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