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A Changing Web Culture Fits With Red Hat

Jul 11, 2011, 15:00 (0 Talkback[s])

"As developing countries like China upgrade older mainframe systems, Mr. Whitehurst says, open-source software is poised to grow rapidly. The advent of cloud computing—in which data and applications are stored remotely and accessed over the Internet, potentially making collaboration simpler—is another potential open-source opportunity.

In moving to Red Hat, Mr. Whitehurst was returning to his computer-science roots—it was one of his college majors—after careers in consulting and airline management. For the quarter ended May 31, the North Carolina company posted a profit of $32.5 million, on revenue of $264.7 million.

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