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E-Commerce Times: Will Success Spoil Linux?

Aug 23, 1999, 11:47 (2 Talkback[s])
(Other stories by Chet Dembeck)

"The stunning success of Red Hat Inc. has generated much attention for the once obscure Linux operating system. However, some wonder if the color of money will spawn the kind of greed that could end up spoiling the entire party."

"Since the Durham, North Carolina software vendor brought its shares to market, Red Hat has raised $5 billion (US$) -- an amazing feat when you consider that the recent IPO market has been extremely flat. However, given the cult that has formed around Linux, no one should be too surprised."

"Based on the Unix operating system, Linux was developed in 1991 by Linus Torvalds, a Finnish graduate student. The free system was made available on the Internet, and has since gained ground on Microsoft every year. According to International Data Corp., Linux shipments will grow 25 percent from 1999 through 2003 -- more than twice the 10 to 12 percent growth of other workstation and server systems. "

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