Linked by Thom Holwerda on Sun 29th Oct 2006 17:41 UTC, submitted by poohgee
Red Hat "Oracle's offer of free support for Red Hat Linux was designed to inflict maximum pain on Red Hat. So it did. One day after the announcement, Red Hat shares lost 24 percent of their value. After watching his stock take a tumble, Red Hat's CEO Matthew Szulik is in a bind. He has just absorbed the equivalent of a cyber-kick in the groin from a bigger, badder bully."
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IBM?
by gireesh on Sun 29th Oct 2006 18:57 UTC
gireesh
Member since:
2005-07-24

Maybe IBM should buy/finance RH and make this more interesting..

Reply Score: 3

RE: IBM?
by Adurbe on Sun 29th Oct 2006 19:16 in reply to "IBM?"
Adurbe Member since:
2005-07-06

IBM have done well not to fall for the trap of creating its own distro

another OS/2 isnt in their interests, they make their money off of middleware, not by giving away a free os

Reply Parent Score: 3

RE: IBM?
by tomcat on Sun 29th Oct 2006 19:18 in reply to "IBM?"
tomcat Member since:
2006-01-06

RH doesn't make much from sales of its distro. It derives most of its revenue from support. IBM consulting already has a big business in Linux. They have no need to pony up money to buy RH to make money from Linux support.

Reply Parent Score: 3