Novell to close Israel branch

Novell will focus on ten large European countries.

Software giant Novell Inc. (Nasdaq:NOVL) has announced a global redeployment, with a focus on ten large European countries. The company will also close direct activity in other countries in the region, including Israel, Belgium, Luxembourg, Norway, and Turkey.

Novell Israel Software Ltd. has been operating for 12 years, and its activity will be transferred to REL Ltd., the company's local distributor.

Novell Israel general manager Vered Lieberman said, "Novell has decided to focus on ten large European countries as part of a restructuring that also encompasses the US."

Published by Globes [online], Israel business news - - on November 6, 2007

© Copyright of Globes Publisher Itonut (1983) Ltd. 2007

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