---

Red Hat Rakes in Big Bucks

[ Thanks to Steven J.
Vaughan-Nichols
for this link. ]

“In its first financial quarter for the 2010 fiscal year, which
ended May 31st, 2009, Red Hat’s total revenue was $174.4 million,
an 11% increase from the year ago quarter. The company also reports
that ‘subscription revenue for the quarter was $148.8 million, up
14% year-over-year.’

“Looking ahead, Red Hat looks to expanding the popularity of its
JBoss middleware stack by adding support for Spring Framework, Seam
and Google Web Toolkit. Later this summer, Red Hat will also be
releasing the next version of its flagship operating system, RHEL
(Red Hat Enterprise Linux): RHEL 5.4. This version will include
greatly improved support for the KVM (Kernel Virtual Machine) and
is expected to be a very important release for Red Hat’s
virtualization customers.”

Complete
Story

Get the Free Newsletter!

Subscribe to Developer Insider for top news, trends, & analysis