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[News] EU Invests €10m in Free Software Project, Red Hat Eyes $1 Billion

  • Subject: [News] EU Invests €10m in Free Software Project, Red Hat Eyes $1 Billion
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Fri, 28 Mar 2008 16:18:17 +0000
  • Newsgroups: comp.os.linux.advocacy
  • Organization: Freelance
  • User-agent: KNode/0.10.4
EU pumps €10m into open source privacy management

,----[ Quote ]
| The European Union is contributing €10m (£7.9m) in sponsorship to a project 
| called PrimeLife, which aims to develop open source tools for personal 
| privacy management and protection, and get the community at large to adopt 
| them.   
`----

http://www.computerworlduk.com/toolbox/open-source/open-source-business/news/index.cfm?newsid=8225

Red Hat, First Open Source Vendor to $1 Billion?

,----[ Quote ]
| To date, Red Hat has been one of the most financially successful Open Source 
| vendors on Earth. The goal now though is to grow even more to hit a new 
| financial milestone - $1 billion in revenue.  
`----

http://www.internetnews.com/software/article.php/3737136/Red+Hat+First+Open+Source+Vendor+to+1+Billion.htm


Yesterday:

Red Hat cheerleading purges Q4 profits

,----[ Quote ]
| For the full year, total revenue increased 31 per cent to $523m compared with 
| fiscal 2007. Subscription revenue rose 32 per cent from the previous year to 
| $449.8m.  
`----

http://www.theregister.co.uk/2008/03/27/red_hat_q4_2008_earnings/


Recent:

Feeling the heat at Microsoft

,----[ Quote ]
| A couple of years ago you reiterated that IBM was Microsoft's biggest 
| competitor and you said not just on the business side, but overall. If I ask 
| you who is Microsoft's biggest competitor now, who would it be?  
| 
| Ballmer: Open...Linux. I don't want to say open source. Linux, certainly have 
| to go with that.    
`----

http://www.news.com/Feeling-the-heat-at-Microsoft/2008-1012_3-6232458.html?tag=ne.fd.mnbc

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