Linked by David Adams on Fri 27th Jun 2008 05:11 UTC, submitted by Rahul
Red Hat An article at The Motley Fool lays out good financial news from Red Hat: "In its first quarter of fiscal 2009, Red Hat produced $0.08 of GAAP earnings per share on revenue of $156.6 million. That's a 32% sales increase over last year, while profits held steady. But the numbers don't tell the whole story here. The open-source software veteran released major updates to four of its key products and re-signed every expired contract with its 25 largest subscribers -- for 50% more than the worth of the old deals. It's always cool to see the big boys upgrading their pacts, don't you think? Red Hat continues to invest in its global sales and support infrastructure, funding the growth from organic cash flows.
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RE: Of course
by shotsman on Fri 27th Jun 2008 14:28 UTC in reply to "Of course"
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I expect there would be more than a few people inside Oracle who would disagree with you and be a little annoyed that RH had renewed their contracts with all their largest customers. I would guess that many of these are also running Oracle on the RHEL servers thus being a prime target for their Linux Distro.

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