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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In Summary, RedHat will no longer produce a commercial personal Linux distribution. They will help the community produce a personal distribution that is mainly supported by the community instead of RedHat. RedHat will continue to improve the codebase behind the scenes, but much like Debian is currently, the package maintainers and project leaders will be the ones responsible to ensure that security updates, etc. happen in a timely fashion.