Red Hat CEO predicts $1 billion revenues within the year

Posted by russb78 on May 4, 2011 6:21 AM CST
Linux User & Developer magazine; By Rory MacDonald 		Mail this story
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Enterprise Linux champion Red Hat announced record fourth-quarter earnings this month following the launch of Red Hat Enterprise Linux 6 (RHEL 6). As many companies closed up their financial year, the world’s most profitable open source company announced that its revenues for the financial year (FY) 2011 were up 22 percent at $909.3 million.

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