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Dell Founder Dropped $100M Onto Red Hat

Posted by Hemos on from the what's-going-on-there dept.

diegocgteleline.es writes "Via google news, I found a article at MSNBC claiming that Michael Dell, Dell's founder and chairman, has droped $100M into Red Hat (Michael himself, not his company). Analyists say that "Dell - neither the person nor the company - is interested in acquiring Red Hat", but one wonders what's behind of this move. A fight against their competence in the server market?"

2 of 298 comments (clear)

  1. motivations. by Vellmont · · Score: 5, Insightful


    but one wonders what's behind of this move.
    With a 100 million investment by an individual (and not a corporation) you can bet that Michael Dell thinks this is a good investment. That kind of money isn't chump change, so he must think it's a good risk.

    --
    AccountKiller
  2. He can afford it by Silver+Sloth · · Score: 5, Insightful

    If I had Dell's capital I might invest a few bucks in an up-and-coming tech stock like RH. It might prove very useful given that Dell have some interest in the cheepo server market.

    I'm not saying this points to some massive change in direction, just a little future proofing, and if it all goes wrong he can afford it.

    --
    init 11 - for when you need that edge.