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EE Times: Acquisition aims Red Hat at enterprise market

Mar 02, 2001, 14:20 (1 Talkback[s])
(Other stories by Charles J. Murray)

"Linux software moved strongly toward the enterprise market this week when its leading supplier, Red Hat Inc., acquired Planned Technologies Inc., a network business consulting firm, in a $47 million stock deal."

"The move adds about 200 engineers to Red Hat's payroll and increases the company's size by about 40 percent. Moreover, analysts said, it provides the strongest sign yet that Linux is moving from its current stronghold in infrastructure applications to the enterprise market."

"This kind of acquisition is what's needed to take Linux up the food chain and into the enterprise computing room," said Dan Kusnetzky, vice president of systems software research at International Data Corp. (Framingham, Mass.)."

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