For Red Hat, the Cloud Beckons

Posted by Scott_Ruecker on Jun 17, 2013 10:10 PM
By OStatic
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Red Hat has made a name for itself as the only U.S.-based public company that is exclusively focused on open source, and it has proven that its Linux-focused strategy is very profitable. In fact, the company is the first open source-focused company to hit the $1 billion revenue mark. That said, though, Wall Street has been questioning where else the company might be able to generate revenues in the future.

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