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Red Hat CEO: Oracle/BEA Deal is Helping Us
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| Business continues to be good at open source vendor Red Hat despite the
| economic slowdown in the U.S. Part of the good times at Red Hat are the
| result of new product introductions that are helping to grow revenues and
| part comes from the actions of others, in particular Oracle.
|
| During Red Hat's first quarter fiscal 2009 conference call, Red Hat CEO Jim
| Whitehurst outlined his company's financial performance and credited the
| Oracle acquisition of BEA as being a driver for Red Hat's revenue growth.
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http://www.internetnews.com/bus-news/article.php/3755446
Yesterday:
Red Hat expects steady growth
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| Red Hat said on a conference call with analysts that it expected continued
| revenue growth, to between $162 million and $164 million, and flat earnings
| in the second quarter.
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http://uk.reuters.com/article/technologyNewsMolt/idUKN2525917220080626
Recent:
Red Hat net up slightly, rev climbs 32 pct
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| Revenue rose 32 percent to $156.6 million, the company said. Analysts were
| expecting revenue of about $153.1 million, according to Reuters Estimates.
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http://uk.reuters.com/article/technology-media-telco-SP/idUKN2525917220080625
No Recession at Red Hat
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| It is flattering to be mentioned, Mr. Whitehurst said, but he noted that
| corporate customers and the industry benefit from what he called Red
| Hat’s “Switzerland status” — not being a province of one of the major powers
| in the technology industry.
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http://bits.blogs.nytimes.com/2008/03/27/no-recession-at-red-hat/
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