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:LWN: Red Hat's IPO filing
LWN: Red Hat's IPO filing
Jun 9, 1999, 23 :50 UTC (5 Talkback[s]) (3854 reads)

(Other stories by Jon Corbet)

"Red Hat Inc. filed for its initial public offering (IPO) of stock on June 4. For those who do not want to plow through the entire filing, here is a list of highlights."

"Red Hat's strategy from the filing:

  • "Continue to enhance their web site to "create the definitive online destination for the open source community.
  • "Expand their professional service capabilities, aiming at large corporate business.
  • "Increase market acceptance of open source software.
  • "Continue to invest in the development of open source technology.
  • "Enhance the Red Hat brand through advertising and PR campaigns.

"Nowhere in the filing is anything about "make more money selling our distribution." Red Hat clearly sees its future elsewhere."

Complete story.


Index Mode   |   Flat Mode   |   Thread Mode   |   Thread Flat  
  Talkback(s) Name  and Date
If this is true, it would be a good thin ...   Linuxbase   
Rob Kaper
Jun 10, 1999, 01:45:08
 
I noticed some negative analysis of RedH ...   Wow...RH doing very well!!   
Steven Walker
Jun 10, 1999, 06:07:45
 
"Continue to enhance their web site..."
 ...   Translation   
Snork
Jun 10, 1999, 06:18:37
 
At the bottom of the LWN story is a list ...   Who is Frank Batten Jr.???   
Steven A. DuChene
Jun 10, 1999, 08:02:53
 
He is the head of very rich and very unp ...   FRANK BATTEN   
chris
Jun 10, 1999, 14:12:11
 
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