“The marketing frenzy caused by the computer industry’s
adoption of the Linux operating system shows no signs
of abating, and one of the biggest noises at a Linux conference
next week will come from Red Hat’s IPO.”
“Red Hat, the leading seller of the Linux operating system, is
scheduled to go public in the middle of the LinuxWorld Conference
and Expo in San Jose, California. Institutional investors are
scheduled to buy their shares on Tuesday, with trading by the
general public scheduled for Wednesday…”
“The Red Hat IPO is the first of several planned Linux-related
IPOs, with others including VA Linux Systems, Caldera Systems,
LinuxCare, and Cygnus Solutions. Though these companies are at
various stages in their plans, …the attention garnered by Red
Hat’s IPO has accelerated those efforts.”
“…many other companies will use next week’s show as a launch
pad for updated Linux plans… [summarized in the story]”