Novell has reported a $12m drop in net income for the second quarter of 2010 from the same period last year. Novell reported net revenue of $204m for the quarter, compared with net revenue of $216m for the second fiscal quarter of 2009.
By submitting your personal information, you agree that TechTarget and its partners may contact you regarding relevant content, products and special offers.
The SUSE Linux company has introduced a strategy dubbed Intelligent Workload Management, which aims to provide IT departments with a way to set policies for where applications can run, based on licensing and compliance restrictions.
Ron Hovsepian, president and CEO of Novell, said, "As customers increasingly adopt virtualisation and cloud computing models, they need tools to help them securely manage and optimise their computing resources. Since announcing our strategy, we have shipped several products to help customers build, secure, manage and measure workloads. In addition, we are very excited about the new partnerships we have forged with several service providers to extend Novell's reach into the market."
In its financial statement, Novell highlighted several risks to its business, including renewal of SUSE Linux Enterprise Server subscriptions with customers who have received certificates from Microsoft, plus decline rates of Open Enterprise Server and NetWare revenue.