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[News] Red Hat's Shares Soar as New Executive Marks New Age for Linux

  • Subject: [News] Red Hat's Shares Soar as New Executive Marks New Age for Linux
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Sat, 22 Dec 2007 05:18:44 +0000
  • Newsgroups: comp.os.linux.advocacy
  • Organization: Netscape / schestowitz.com
  • User-agent: KNode/0.10.4
Red Hat Shares Jump 10 Percent

,----[ Quote ]
| Shares of Red Hat Inc. jumped 10 percent Friday, one day after the open 
| source software distributor announced a rise in third-quarter earnings and 
| the appointment of a new chief executive.  
`----

http://biz.yahoo.com/ap/071221/red_hat_shares.html?.v=1

New Red Hat CEO checks open source claims

,----[ Quote ]
| The news that the operations chief from a major US airline, Jim Whitehurst 
| from Delta, is taking over at Red Hat from Matthew Szulik is a further sign 
| of the growing legitimization of open source and Linux in the eyes of 
| corporate, mainstream America. It underscores how the “suits to sandals” 
| ratio in the open source and Linux movement sliding further towards the 
| suits.     
| 
| Whitehurst’s blue-chip background at the $16-billion-a-year Delta and the 
| fact he’s an executive lured from outside of the IT industry rather than one 
| who simply swapped one tech industry management job for another underscores 
| the belief in open source as a business.   
`----

http://www.regdeveloper.co.uk/2007/12/21/red_hat_new_ceo/

The company's figures in the past quarter were up significantly, about 30%
depending one what one measures.


Related:

RHEL just tripled the size of its ISV ecosystem!

,----[ Quote ]
| Through that series of announcements, Red Hat is lining up its complete RHEL 
| strategy and making it clear that it can fit all deployment scenarios - 
| traditional or emerging - through the exact same RHEL bits. That proves the 
| flexibility of RHEL as a distribution and also factually multiplies the size 
| of RHEL’s ecosystem by further enabling all existing RHEL’s ISV on two new 
| emerging scenarios, Virtual Appliances and Cloud Computing. While that might 
| seem like a trivial statement, it is far from the truth. Just look at VMWare 
| for example: while they are getting great traction in the virtualization 
| field, it is going to be very difficult for them to enter the two emerging 
| fields discussed above, as they have a pretty much empty ISV ecosystem today. 
| And you don’t build an ISV ecosystem overnight (you can partner with one or 
| acquire one, but not build one overnight).           
`----

http://sacha.labourey.com/2007/11/14/rhel-just-tripled-the-size-of-its-isv-ecosystem/


Interview with Brian Stevens

,----[ Quote ]
| What else can we expect to see from new Red Hat offerings? Should we just 
| watch Fedora or where else can we learn about new stuff coming down the pipe? 
| 
| Everything that we have under development is happening in public. I think 
| that we stand unique in that and that the media and our customers are usually  
| well aware of technology that’s going to be coming from Red Hat long before 
| we productize it.  
`----

http://www.linuxworld.com/community/?q=node/1749

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