Free Historical Stock Data on Novell
Stock Symbol: NOVL
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Business Description
Novell, Inc. provides e-business solutions and Net services software designed to secure and power the networked world. Novell and its services division, Cambridge Technology Partners, help organizations solve complex business challenges, simplify their systems and processes and capture new opportunities. Novell provides worldwide channel, consulting, education and developer programs to support its offerings. The Company markets its products and services through 50 United States and 85 international sales offices. The Company licenses its products through site-license agreements that are either sold directly by Novell, or service providers and software distribution channel partners. It also distributes licenses as packaged software products that are resold by systems integrators and other value-added resellers (VARs). In addition, Novell products are licensed to original equipment manufacturers (OEMs).
Financial Information
Novell, Inc. provides network and Internet directory software and services making networks more manageable and secure, integrating computer platforms, applications, services and devices. For the nine months ended 7/02, revenues rose 13% to $834 million. Net loss before acct. change fell 93% to $11.4 million. Revenues reflect the acquisition of Cambridge and higher international sales. Lower loss also reflects lower sales and marketing expenses.
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