LocalTechWire: Red Hat Gearing Up for Acquisitions? Linux Firm To Raise $400M | Linux Today
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LocalTechWire: Red Hat Gearing Up for Acquisitions? Linux Firm To Raise $400M

Written By
Web Webster
Web Webster
Jan 6, 2004

“Are the folks at Red Hat preparing to expand their Linux
offensive?

“Could be.

“Red Hat triggered talk of acquisitions on Monday when it
disclosed plans to raise $400 million in debt that would come due
in 2024. The company declared in a statement that it also would be
expanding its international operations. Another $80 million in debt
will be made available to initial purchasers. The company
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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