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Linux is a family of open source Unix-like operating systems based on the Linux kernel, an operating system kernel first released on September 17, 1991 by Linus Torvalds. Linux is typically packaged in a Linux distribution (or distro for short).

Distributions include the Linux kernel and supporting system software and libraries, many of which are provided by the GNU Project. Many Linux distributions use the word "Linux" in their name, but the Free Software Foundation uses the name GNU/Linux to emphasize the importance of GNU software, causing some controversy.

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SUSE To Be Taken Private By Its Largest Shareholder (www.phoronix.com)

submitted 1 year ago by pnutzh4x0r@lemmy.ndlug.org to c/linux@lemmy.ml

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Marcel LUX III SARL (Marcel) as the largest shareholder in SUSE is planning to take the company private and delist it from the Frankfurt Stock Exchange. SUSE will be merged with an unlisted Luxembourg entity. Marcel currently owns a 79% stake in SUSE.

SUSE.com press release

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[–] Ascend-910@kbin.social 7 points 1 year ago (1 children)

I can't decide if this will be a good idea or not

[–] JonnyRobbie@lemmy.world 3 points 1 year ago* (last edited 1 year ago)

I would be cautiously optimistic. If they are public, the the top tier entity is the shareholders which usually don’t look further then their dividends and so public company usually focuses on short term growth. Private company doesn’t need to bend backwards towards committee of millions of shareholders and can focus on long term as it wants and deems fit, usually preferring long term investment.