[SgtBaker]

Well this was pretty expected as it's how EQT normally operates - they purchase objects - develop them for x-years (normally about 5-ish) before re-selling or re-listing.

They've been in SuSE since 2018 - so the IPO was their try at exiting, but since it didn't work out, they're probably going a different route (couple of more years of development, then selling to someone else).

Melissa Di Donato, the SuSe ex-CEO is wife of Darren Roos, CEO of IFS (huge Enterprise Software company) - who are also owned by EQT.

EQT tends to invest heavily in their development objects, so it's probably a good thing - but they are also very adamant on timely progress, so good luck to all SuSe oldtimers who are still with the company - it's going to be another roller coaster.

Let's see if the next try gets them somewhere.