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First billion dollar open source software vendor

head_dunce (828262) writes | more than 2 years ago

1

head_dunce writes "Red Hat is coming out way on top in this economy. Total revenue and subscription revenue for this quarter is up 28% year-over-year. Jim Whitehurst, President and Chief Executive Officer of Red Hat said, "Based on the strong first half results, we believe Red Hat remains well positioned to finish fiscal 2012 as the first billion dollar open source software vendor.”"
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Great (1)

benjamindees (441808) | more than 2 years ago | (#37474912)

That's great for RedHat but in "this economy" I have to wonder whether it has more to do with growth of government sales than with the inherent value of Linux and Open Source software in the commercial market.

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