CIOL.com/Reuters: Red Hat: Making money from Linux | Linux Today

CIOL.com/Reuters: Red Hat: Making money from Linux

Written By
Web Webster
Web Webster
Dec 16, 2000

[ Thanks to Harry for
this link. ]

“Despite the gloom in the tech sector, Red Hat managers said
they were upbeat because Red Hat is a leading distributor of the
Linux operating system, which is seen as an alternative to
Microsoft Corp.’s Windows. Unlike Windows, the Linux system’s code
is “open” or widely available to software designers and programmers
to use.”

“Against a backdrop of negative news in the tech sector over
the past 60 days, I’m pleased to report to all of you today that
demand for Red Hat solutions …. continues to increase,” Matthew
Szulik, Red Hat president and chief executive, told analysts

during a conference call.”

“The management believes that Red Hat will not be adversely
affected by the slowdown in sales reported by many computer
hardware manufacturers,” he said.”

Complete
Story

Web Webster

Web Webster

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.

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