Linked by Adam S on Mon 22nd Sep 2003 18:28 UTC, submitted by Robert Renling
"Red Hat and Fedora Linux are pleased to announce an alignment of their mutually complementary core proficiencies leveraging them synergistically in the creation of the Fedora Project, a paradigm shift for Linux technology development and rolling early deployment models." Read more at Fedora Linux's site.
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It seems that RedHat is trying establish a debian-like project so they can look after, and put focus on what their customers are paying for... merging and support services.
Now they can take resources from packaging to other tasks.