[In the news] Red Hat Proves That Open Source Is Good for Business

Rahul Sundaram metherid at gmail.com
Tue Mar 29 13:25:20 UTC 2011



"Critics of free and open source software are fond of making the
argument that software must be locked up, patented and jealously guarded
if it is to serve as the basis for a successful business. Well, Red Hat
just refuted such claims in a big way this week with its fourth quarter
earnings report, which blew away analysts' expectations and placed the
company well on track for billion-dollar revenues in the upcoming year."

"Based in North Carolina, Red Hat is the company behind both the Fedora
and the Red Hat Enterprise Linux (RHEL) Linux distributions. Fedora is
the free, community version of the software, while RHEL is sold as a
commercial product with support and services."


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