“Red Hat Inc., a producer of Linux-based software, said on
Tuesday that it is forming a division to make investments in and
form strategic partnerships with startup technology companies.”
“Red Hat Ventures, the name of the new division, plans to use
its strength in the Linux market to accelerate the development of
tools, services and technologies for extending Internet
infrastructure, the company said.”
“…Red Hat Ventures will be taking stakes of
$500,000-$2,000,000 in new companies while simultaneously
establishing significant business relationships with those
firms.“