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Red Hat CEO Explains Open Source Success

Dec 26, 2011, 22:00 (0 Talkback[s])

"Red Hat has been successful in open source where others have not because when we release a new system every two years, we pledge to support it for 10 years," Whitehurst noted.

The Raleigh, N.Cc-based company reported earnings earnings Monday that beat Wall Street estimates; it also raised fourth-quarter and full-year guidance.

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