Raleigh News & Observer: Red Hat Revels in Linux Turnaround

Written By
Web Webster
Web Webster
Aug 2, 2003

[ Thanks to Matt for
this link. ]

“Red Hat corporate officials told investors Thursday morning
that the Raleigh software company had only begun to ‘scratch the
surface’ in the Linux market and that there was a vast amount of
untapped business, especially in China, India and other overseas
markets.

“Matthew Szulik, Red Hat’s chief executive, told about 45
shareholders who gathered at the Linux software company’s annual
meeting in Raleigh that Red Hat has claimed a legitimate spot in
the technology industry. As proof, Szulik rattled off a long list
of major corporations that the company has formed partnerships
with, including Amazon.com, AOL, Oracle, Dell, IBM and Intel.

“Just over a year ago, the picture was quite different for Red
Hat, which was still struggling to turn its first profit. Some
investors were wondering whether Linux, the free open-source
operating system, was just a fad…”

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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