How Red Hat Made Money in 2010

Posted by red5 on Mar 26, 2010 12:31 AM EDT
Datamation; By Sean Kerner
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The past twelve months have been good for Linux vendor Red Hat (NYSE:RHT) as the company grew revenues and income while expanding its product offerings in the cloud and virtualization space. But how did Red Hat grow while others staggered? During Red Hat's fiscal 2010 earnings call on Wednesday, Red Hat’s CEO and CFO detailed the steps their company took to leverage open source software to make millions.

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