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Red Hat Crosses $2B in Revenue as OpenStack Cloud Grows

Mar 23, 2016, 06:30 (0 Talkback[s])
(Other stories by Sean Michael Kerner)

Red Hat announced its fourth quarter and full year fiscal 2016 financial results on March 22, becoming the first pure-play open-source vendor to generate over $2 billion in annual revenue. The move to cross the $2 billion threshold comes just four years after Red Hat recorded its first $1billion year back in 2012.

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