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CNET News.com: Red Hat gains backing from tech giants

Mar 09, 1999, 22:12 (0 Talkback[s])
(Other stories by Sandeep Junnarkar)

"IBM, Compaq Computer, Novell, and Oracle have taken minority equity stakes in Red Hat, the company said. Terms of the investments were not disclosed."

"Linux has been growing in popularity as an operating system, and now with an investment deluge from large technology companies, Red Hat is becoming a clear leader in the Linux commercial market."

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