Novell today launched an initiative to promote the growth of new open source companies and drive technology development in Utah. Novell is establishing the Novell® Open Source Technology Center on the site of its Provo, Utah, business campus to promote innovation in the design and development of open source based applications, fueling this fast growing market. New and growing companies will benefit from Novell's business, technical and operational expertise.
“Open source is driving innovation in the software industry,” said Jack Messman, Novell chairman and CEO. “The Novell Open Source Technology Center is intended to provide a launching pad for new ideas, products and solutions, in a state known for its contributions to technology.”
Initially, Novell will dedicate up to 25,000 square feet of office space at the company's state-of-the-art facilities in Provo to start-up and early stage open source software companies. Novell will also offer office, business, and technical services, as well as the opportunity for investment capital. Space is expected to become available in the third quarter 2005. Specific features and terms of the facilities and services arrangements will be made available to prospective companies through the company website.
“Innovation and technology are cornerstones of our economic development plan for the State of Utah,” said Chris Roybal, the Governor's Special Advisor for Economic Development. “We welcome the initiative that Novell is taking to foster new business growth in our state, and appreciate their commitment as an important and long standing employer here in Utah.”
“Open source is a key driver for innovation in both technology and business models,” said Stuart Cohen, CEO of OSDL. “By providing support for early stage companies involved in the open source arena, the Open Source Technology Center will spur innovation and create new opportunities for entrepreneurs. OSDL welcomes Novell's founding of this new center.”
Novell, Inc. (Nasdaq: NOVL) is a leading provider of infrastructure software and services to over 50,000 customers in 43 countries. With more than 20 years of experience in data center, workgroup and desktop solutions, Novell's 6,000 employees, 5,000 partners and support centers around the world are meeting customer requirements for identity-driven computing and Linux solutions. By providing enterprise-class software and support for commercial and open source software, Novell delivers increased operating flexibility and choice at a lower total cost of ownership. More information about Novell can be found at http://www.novell.com.
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