Advised Salmon, a leading UK-based IT services provider focused on enterprise class web-based applications and services, in its sale to US public company Novell
Goldenhill Advises IT Consultancy Salmon Ltd on its Sale to Novell
Successful sale to Novell completed July 22, 2004
LONDON – July 30, 2004 – Goldenhill Technology Advisors llp today announced that it has advised its client, Salmon Ltd, on its acquisition by Novell, Inc., which was completed and announced on July 22, 2004.
Salmon, a leading IT service provider focused on the successful development and implementation of enterprise class web-based applications and services, accelerates Novell’s ability to deliver solutions to customers based upon its vision of a world without information boundaries.
Goldenhill Associates assisted Salmon with the transaction process and Chris Harvey, Managing Director of Salmon, commented, “Goldenhill Associates provided us with the assistance we required to complete this transaction successfully”.
The acquisition expands Novell’s services offerings with Salmon’s expertise in delivering web-based solutions. Further, the acquisition will see Salmon bring new capabilities and strengths to Novell’s existing service capabilities of consulting, education and technical support. As part of Novell, Salmon will continue to assist clients with shaping and managing IT change by identifying and sharing risk and offering a long term business partnership based on trust, honesty and integrity.
The combined service offerings will allow Novell to enhance its existing leadership position in Identity Management and Linux by delivering reliable and secure solutions faster, with improved cost effectively and with high levels of scalability.
Chris Harvey, commenting further on the transaction said, “this acquisition is great news for both Novell and Salmon’s customers and partners. Novell will be able to offer a broad range of offerings and IT service propositions that combine the interests of Novell with those of our key partners. We continue with our commitment to delivering solutions on time, and on budget and I am confident that this acquisition will help Salmon to continue to make big strides within the UK and European marketplace.”
About Goldenhill Technology Advisors
Goldenhill’s sole focus is to represent and advise our technology business Clients in merger and acquisition (M&A) engagements. Our engagements include providing services to Sellers or Buyers in M&A projects in the UK, USA and Europe with specific focus in software and service businesses.
Salmon is an IT services and consulting company that is completely committed to mitigating the risks inherent in identifying, developing and implementing web based applications and systems. Salmon combines comprehensive business acumen and IT project management expertise with over 15 years of successfully translating leading edge technologies into viable solutions. The company works in a diverse range of sectors including insurance, retail banking, retail, telecommunications, media, utilities and manufacturing. Salmon’s unique approach is underpinned by a desire to provide premium customer satisfaction, and to work in a way that ensures each client retains control of its budget and strategic direction, whilst Salmon takes responsibility for each initiative. Customers include Argos, Anglian Water, Swiss Re, Manchester Airport and Interface.
Salmon is headquartered in Watford, Hertfordshire, UK. For more details about Salmon visit www.salmon.com.
July 30, 2004