[ Thanks to robt
for this link. ]
“Mike Kelly, CEO of Emeryville research firm Techtel Corp., got
a surprise this month when he re-examined corporate attitudes
toward the Linux operating system.“‘Wow. It’s doing better than I thought it was,’ he said.
“In the three years since the infamous VA Linux IPO catapulted
700 percent to $320 in its first day of trading and then dropped
like a stone to below $10, many things have changed.“VA Linux as a seller of servers is gone, reborn as VA Software
Inc., a Fremont-based collaborative software company whose stock
trades around $1 a share. Analyst and industry hype about Linux is
gone. Shares of leading Linux software distributor Red Hat Inc. are
down 95 percent from their levels of late 1999.“Yet, Red Hat is now profitable…”
Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.
LinuxToday is a trusted, contributor-driven news resource supporting all types of Linux users. Our thriving international community engages with us through social media and frequent content contributions aimed at solving problems ranging from personal computing to enterprise-level IT operations. LinuxToday serves as a home for a community that struggles to find comparable information elsewhere on the web.
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