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Red Hat's March to $1 Billion

Posted by thevarguy on · Post a comment
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Red Hat’s annual revenues now top $520 million, according to financial results released today, and the company is charting a course to $1 billion. Sounds wonderful. But there’s a bigger story here: Red Hat’s financial momentum will pave the way for more open source IPOs.

Red Hat’s annual revenues now top $520 million, according to financial results released today, and the company is charting a course to $1 billion. Sounds wonderful. But there’s a bigger story here: Red Hat’s financial momentum will pave the way for more open source IPOs. Here's why.

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