Marcel LUX III SARL (Marcel) as the largest shareholder in SUSE is planning to take the company private and delist it from the Frankfurt Stock Exchange. SUSE will be merged with an unlisted Luxembourg entity. Marcel currently owns a 79% stake in SUSE.
I can’t decide if this will be a good idea or not
I would be cautiously optimistic. If they are public, the the top tier entity is the shareholders which usually don’t look further then their dividends and so public company usually focuses on short term growth. Public company doesn’t need to bend backwards towards committee of millions of shareholders and can focus on long term as it wants and deems fit, usually preferring long term investment. Of course it can go the other way too. When they are not responsible to shareholders, theres a possibility that the it gets squeezed end enshitified waaaay faster.