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Red Hat Grows Business to $1.3 Billion as OpenStack Cloud Opportunity Looms Large

Red Hat came a little late to the OpenStack party and currently does not have a full production offering in the market. Red Hat first publicly announced its intent to support OpenStack in April of 2012. The company currently has a preview release of its OpenStack Enterprise solution in the market.

“We’re working with a lot of early adopter customers on OpenStack, and there’s a lot of interest in it,” Whitehurst said. “But until those things go into production, there just won’t be big dollars.”

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