July 2, 2018 / 6:56 AM / 17 days ago

EQT to acquire leading open source software provider SUSE for $2.5 billion

FRANKFURT, July 2 (Reuters) - Buyout group EQT is acquiring German open source software provider SUSE for $2.535 billion, including debt, from British peer Micro Focus International .

The sale of the supplier of the Linux enterprise open source operating system is still subject to approval from Micro Focus shareholders and from regulators, EQT said in a statement on Monday.

Micro Focus had acquired SUSE - an acronym of for German Software und System-Entwicklung (software and systems development) - in 2014. (Reporting by Arno Schuetze Editing by Tom Sims)

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