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LWN: Red Hat’s IPO filing

“Red Hat Inc. filed for its initial public offering (IPO) of
stock on June 4. For those who do not want to plow through the
entire filing, here is a list of highlights.”

“Red Hat’s strategy from the filing:

  • “Continue to enhance their web site to “create the definitive
    online destination for the open source community.
  • “Expand their professional service capabilities, aiming at
    large corporate business.
  • “Increase market acceptance of open source software.
  • “Continue to invest in the development of open source
    technology.
  • “Enhance the Red Hat brand through advertising and PR
    campaigns.

“Nowhere in the filing is anything about “make more money
selling our distribution.” Red Hat clearly sees its future
elsewhere.”

Complete
story
.

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