“When it comes to investments, shareholders can make strange
bedfellows.”
“That’s the case with Red Hat, which recently filed to go
public. Red Hat distributes and supports a version of the Linux
operating system, the most popular version, in fact.”
“One of the company’s corporate investors–Intel–is expected to
reap a bonanza from its investment in Red Hat. The chip giant
currently holds a 5 percent stake in the company, which expects to
raise upwards of $96.6 million, based on its registration filing
fee.”