Enterprise software company SUSE recently went public on the Frankfurt Stock Exchange.
“I could not be prouder of where we are today,” CEO Melissa Di Donato said in a livestream of the market opening. “It has been an incredible 28 years.”
Founded in 1992, the company set out to bring the power open source to the enterprise. The company’s aim was “to transform how businesses innovate with open, interoperable software,” she said.
To that end, SUSE was the first company to introduce enterprise capabilities into Linux. Today, more than 99% of Fortune 500 companies use open-source tools, Di Donato said.
“Our open-source innovation model is one of the most powerful engines in the world,” she added.
With that open-source model driving transformative innovations in medical research, transportation, and other areas, “we are improving millions of lives,” Di Donato said. “As a public company, we will be able to make a stronger impact.”
Open source will continue to drive technological change, at a time when technological innovation “has never been more important,” Di Donato said.
“This is exactly why SUSE is here. We have the power of many by our side. Mark my word, today is just the beginning,” she said. With the launch of a public offering on the Frankfurt Stock Exchange, “we are only just getting started.”