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SUSE Surpasses $400 Million Revenue Mark

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Following the completion of its acquisition by growth investor EQT from Micro Focus, SUSE has said that the newly independent, standalone SUSE seems better prepared to focus on customer needs and deliver the right technology, support and services.

According to Jay Lyman, 451 Research principal analyst, “SUSE’s independence should allow the company to maintain its strength in the operating system market (where its Linux is a leading option) while also investing dynamically in additional, emerging markets such as cloud native and DevOps. While SUSE benefited from the investments made by its previous parent companies, it is now better positioned to move beyond past successes and markets to capitalize on new opportunities.”

SUSE said that it is showing customers how to create solutions that make sense for their businesses as they tap into an extensive open source-based ecosystem that gives them greater freedom and flexibility to enable their digital transformation.

In fiscal year 2018, SUSE said its revenue grew approximately 15 percent, and the business is about to surpass the $400 million revenue mark for the first time. More than 300 people were added in the past 12 months, with SUSE staff now approaching 1,750 globally.