SuSE Linux Receives EUR 4.4 Million Investment from AdAstra Erste Beteiligungengesellschaft mbH
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Joinux Team -
February 14, 2002
SuSE Linux, a leading provider of complete solutions based on Linux, has received an investment of EUR 4.4 million from AdAstra Erste Beteiligungsgesellschaft mbH. The company has restructured its internal organization into four target-group-oriented Business Units and has seen significant growth in the past year, with a total turnover increase of about 50% to EUR 40 million. The new investor structure enables SuSE Linux AG to fully exploit its potential and the investment underscores the leading position of SuSE in the international Linux market. AdAstra's focus is on technology-oriented, fast growing companies in various sectors, with HypoVereinsbank AG as their lead investor.