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CBS MarketWatch: Red Hat heads to the market

[ Thanks to Pepo for this link.
]

“As the Linux faithful swarm to a conference dedicated to the
alternative operating system, Red Hat is set to see if it can get a
similarly enthusiastic response from investors.”

“The Durham, N.C.-based company (REDH: news, msgs) is expected
to price its 6 million shares on Tuesday. The initial public
offering is seen raising about $60 million to $72 million for Red
Hat.”

“That for a company that is based on free software. Red Hat
makes its money by packaging Linux, as well as offering service on
the operating system.”


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