This whole thing of private equity + companies getting massively inflated - only ends one way, it might not be this this buyer but one down the line, but there is something deeply wrong with the whole model, the one that starts with startups such as those funded by ycombinator.
Nobody uses SuseLinux any more. If SUSE gets 6 billion dollars and a private equity firm gets nothing valuable, there's nothing wrong with that.
The point being someone is left holding the bag?
That's potentially true, but not necessarily. I haven't looked into this particular case, however it's entirely possible that a lot of the EU have started divesting from Windows and into suse, which has caused a big spike in revenue here.
Or its PE doing PE things and it's all a farce.