Novell: 81% boost in Linux revenues    Monday, December 08 2008 @ 02:57 PM EST Contributed by: sde Novell's Linux business grew by 33 per cent over the fourth quarter last year, according to the company's latest financial figures. Identity and access management revenues were up 11 per cent compared to the same period last year, and systems and resource management revenues climbed 15 per cent. The quarterly results, released on Friday, show that just two areas declined. Novell's Workgroup business fell by nine per cent, while its services business plunged by 26 per cent. Overall, the company showed a quarterly loss of US$16m, less than the US$18m loss in the same quarter last year. Total revenue for the quarter was US$243m, US$7m less than analysts expected. There was a six per cent increase in the company's product revenue for the quarter, and a three per cent rise in total revenue for fiscal year 2008. Read more   [ Views: 1052 ]

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