Novell
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Novell, Inc. /noʊˈvɛl/ was an American[1] software and services company headquartered in Provo, Utah. It had been instrumental in making the Utah Valley a focus for technology and software development. Novell technology contributed to the emergence of local area networks, which displaced the dominant mainframe computing model and changed computing worldwide. Today, a primary focus of the company is on developing software for enterprise.
The company began in 1979[2] in Orem, Utah as Novell Data Systems Inc. (NDSI), a hardware manufacturer producing CP/M-based systems. Former Eyring Research Institute (ERI) employee Dennis Fairclough was the member of the original team that started Novell Data Systems. It was co-founded by George Canova, Darin Field, and Jack Davis.[3] Victor V. Vurpillat brought the deal to Pete Musser, chairman of the board of Safeguard Scientifics, Inc., who provided the seed funding.
Novell had long been rumored to be a target for acquisition by a variety of other companies. On March 2, 2010, Elliott Associates, L.P., an institutional investor with approximately 8.5% stock ownership of Novell, offered to acquire the company for $5.75 per share in cash, or $1 billion.[37] On March 20, 2010, the company declined the offer and stated that the proposal was inadequate and that it undervalued the company's franchise and growth prospects.
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