Linux Today: Linux News On Internet Time.
Search Linux Today
Linux News Sections:  Developer -  High Performance -  Infrastructure -  IT Management -  Security -  Storage -
Linux Today Navigation
LT Home
Contribute
Contribute
Link to Us
Linux Jobs


Top White Papers

More on LinuxToday


OVUM: Good Times for Red Hat (and Therefore Linux) in Europe

Apr 27, 2005, 18:00 (0 Talkback[s])

"We had a visit from Red Hat's EMEA folk recently. We tend to think of French Mandriva (née MandrakeSoft) and Novell's German SuSE operation as carrying the torch for Linux in Europe, but in fact Red Hat is not doing badly in Europe at all.

"Red Hat is by far the largest purveyor of Linux distributions, worldwide--it just closed its FY05 (ended February 28), showing revenues up 58% to $197m. Operating margins were up from 2% to 14%. It also has cash balances of over $900m, and deferred revenue of $137m. A very healthy way to enter its next fiscal year..."

Complete Story

Related Stories: