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Red Hat Software Businesses Linux Business The Almighty Buck

First Billion Dollar Open Source Software Vendor 75

Posted by samzenpus
from the lots-of-zeros dept.
head_dunce writes "Red Hat is doing very well in this economy. Total revenue and subscription revenue for this quarter is up 28% year-over-year. Jim Whitehurst, President and Chief Executive Officer of Red Hat said, 'Based on the strong first half results, we believe Red Hat remains well positioned to finish fiscal 2012 as the first billion dollar open source software vendor.'"
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First Billion Dollar Open Source Software Vendor

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  • Re:Of course..... (Score:3, Insightful)

    by cat5 (166434) <cat5NO@SPAMcatfive.org> on Thursday September 22, 2011 @08:54AM (#37478658)

    And... that's the whole point of Fedora vs RHEL. This has been discussed everywhere for years.
    Users want something free - thats Fedora. OEMs and Vendors want something with long term support and accountability - which costs money. Thats RHEL, which you pay for.

    All the companies that switch to CentOS, fine with me - but play nice, and buy at least 1 support contract/license from Red Hat. It's a nice way of saying thanks to the main company doing all the hard work.

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