Novell CEO talks up IWM as Q2 shows slight improvement

Novell's second quarter revenue dipped slightly on last year despite benefiting by $2m as a result of favorable currency rates. For the three months ended 30 April net revenue was $204m compared to $216m in the same period a year earlier. GAAP net income rose from $16m to $20m and the same currency


Novell's second quarter revenue dipped slightly on last year despite benefiting by $2m as a result of favorable currency rates.

For the three months ended 30 April net revenue was $204m compared to $216m in the same period a year earlier. GAAP net income rose from $16m to $20m and the same currency rates that boosted revenue hit operating expenses to the tune of $6m and income from operations by $4m.

Ron Hovsepian, president and CEO of Novell, said that it was picking up momentum and said its decision to make the information workload management space its own was paying off.

"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 and measure workloads," he said.

The vendor recently held its first EMEA partner conference for five years alongside its BrainShare event in Amsterdam and Dan Veitkus, vice president and general manager, partners EMEA at Novell, said that it was growing both its customer and reseller base across Europe.

"In the last year we acquired in EMEA 2,896 new customers," he added that it had added not far off 500 new resellers, growing its reseller numbers by a quarter.

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