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Novell, Inc., through its infrastructure software and ecosystem of business partnerships, integrate mixed information technology (IT) environments, allowing people and technology to work as one. The Company has four segments: Open Platform Solutions, Identity and Security Management, Systems and Resource Management, and Workgroup. During fiscal year ended October 31, 2008 (fiscal 2008), the Company acquired SiteScape, Inc. (SiteScape), a provider of open collaboration software, including Teaming + Conferencing products. In March 2008, the Company completed the acquisition of PlateSpin ULC, formerly PlateSpin Ltd., a provider of workload lifecycle management solutions for the enterprise data center. In November 2008, it acquired Managed Object Solutions, Inc., a provider of business services management software. In fiscal 2008, it sold its wholly owned Switzerland-based business consulting subsidiary, Cambridge Technology Partners (Switzerland) SA.
Strategic Information Technology provides banking software for banks, credit unions, trust companies, loan companies, insurance companies, and more. Portfolio Plus is the flagship product and it includes functionality for loans, mortgages, investments, term deposits, retail banking, and more.
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