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Red Hat Software Businesses Linux Business Sun Microsystems

Red Hat Set To Surpass Sun In Market Capitalization 221

Posted by CmdrTaco
from the now-that's-a-milestone dept.
mytrip writes "In what may come to be seen as a deeply symbolic moment in the history of operating systems, Red Hat is on the verge of surpassing Sun Microsystems' market capitalization for the first time. Sun, perhaps unfairly, represents a fading Unix market. Red Hat, for its part, represents the rising Linux market. Given enough time for its open-source strategy to play out, Sun's market capitalization will likely recover and outpace Red Hat's."
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Red Hat Set To Surpass Sun In Market Capitalization

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  • by Hognoxious (631665) on Thursday January 22, 2009 @01:14PM (#26561661) Homepage Journal

    A thousand and one posts saying that it's illegal/immoral/impossible to make money from open source software will be along soon.

    They'll be followed shortly after by sevaral thousand more complaining that all corporations are evil and should be banned.

    In turn those will be followed by several million arguing that google are/aren't evil, or disputing the subtle nuances between doing evil and being evil.

    In other words: normal service will be resumed as soon as possible. The tuna salad is off, by the way.

  • by Anonymous Coward on Thursday January 22, 2009 @01:50PM (#26562265)

    Did You Know? After maintaining a vow of silence for almost 7 years, Red Hat Linux founder Marc Ewing now freely admits that he named Red Hat Linux after Limp Bizkit frontman Fred Durst's trademark red New York Yankees baseball cap.
    Durst and Ewing met in Ewing's hometown of Raleigh, North Carolina (Durst was raised in Gastonia, NC), where they became fast friends, sharing the same passion for low-level system programming.
    Durst collaborated with Ewing on the first preview beta of Red Hat Linux before the demands of his rocketing stardom forced him to abandon his hobby and tour with his band.
    Durst's position on the development team was filled by Damien Neil, and not many know of his contribution to the popular Linux distribution; however, a google search through the source code on Redhat.com (http://www.google.com/search?q=wfd+site:redhat.com) reveals many snippets of code authored by 'wfd', Durst's initials (William Frederick Durst).
    Durst asked Ewing to keep his 'geeky' roots a secret as it would not lend itself to Durst's bad boy image, but as Ewing points out, it was "only a matter of time" before the origins of his NASDAQ-100 company's name were uncovered.
    --mfh

  • by the eric conspiracy (20178) on Thursday January 22, 2009 @02:00PM (#26562415)

    I for one welcome our new Linux Overlords

  • Finally (Score:3, Funny)

    by pha3r0 (1210530) on Thursday January 22, 2009 @02:14PM (#26562655)

    2009, the year of the linux desktop!

  • by Z34107 (925136) on Thursday January 22, 2009 @02:44PM (#26563247)

    A thousand and one posts saying that it's illegal/immoral/impossible to make money from open source software will be along soon. They'll be followed shortly after by sevaral thousand more complaining that all corporations are evil and should be banned. In turn those will be followed by several million arguing that google are/aren't evil, or disputing the subtle nuances between doing evil and being evil. In other words: normal service will be resumed as soon as possible. The tuna salad is off, by the way.

    Wow! The Readers Digest version of Slashdot!

You know, the difference between this company and the Titanic is that the Titanic had paying customers.

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