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NEWS.COM: Intel, Netscape back Red Hat

Sep 29, 1998, 21:58 (0 Talkback[s])

Red Hat Software, distributor of a version of Linux, today announced that Intel, Netscape Communications, and two venture capital firms will take equity stakes in it. Demand for software based on the Linux operating system has mushroomed in the last year and will quickly overtake all other versions of Unix combined, Netscape cofounder Marc Andreessen said in an exclusive interview.

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