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

  • @[email protected]
    109•1 year ago

    If they’re public, they have huge pressure. If not, they can play their own game with a specific strategy that a shareholder might not like. So this could well be a good thing. Public trading usually leads to enshitification.

    • @AbidanYreEnglish
      26•1 year ago

      If they own 79%, Marcel can already make it do what they want.

      • TimLovesTech (AuDHD)(he/him)English
        35•1 year ago

        But you are still obligated to always act in the best interest of the shareholders. Private means you don’t answer to anyone outside the company and are not forced to do everything to pump the stock price every quarter.

        • @AbidanYreEnglish
          12•1 year ago

          For all practical purposes Marcel was the only shareholder anyway.

    • @[email protected]
      2•1 year ago

      That being the reason why valve are able to produce quality over quantity

      Used to think the same about LTT though