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March 25, 2011 02:46 am
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/ucxHlmKK8Qw/Red-Hat-Nears-1-Billion-In-Revenues-Closing-Door-On-Clones
Red Hat Nears $1 Billion In Revenues, Closing Door On Clones
darthcamaro writes "Red Hat is almost at its goal of being the first pure-play open source vendor to hit $1 billion in Revenues. Red Hat reported its fiscal 2011 revenues this week which hit $909 million. Going forward, Red Hat has already taken steps to protect its business by changing the way it packages the Red Hat Enterprise Linux 6 kernel, making it harder for Oracle to clone. 'We are the top commercial contributor to most of the components of the Linux kernel and we think we have a lot of value and we want to make sure that, that value is recognized,' Red Hat CEO Jim Whitehurst said. 'In terms of competition, I don't think we necessarily saw anything different from before but I'd say better to close the barn door before the horses leave than afterwards.'" 
Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/ucxHlmKK8Qw/Red-Hat-Nears-1-Billion-In-Revenues-Closing-Door-On-Clones
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