Understanding openSUSE's history...

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http://forums.opensuse.org – I was just reading about openSUSE since I'm a relatively new openSUSE user. From what I'm reading here, suse itself was completely closed source without any free version available UNTIL Novell's involvement in the project, where it thereby launched openSUSE. Is that accurate?? I thought openSUSE existed previously and Novell just embraced it and ran with it. (Distributions)