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Red Hat Nears $1 Billion In Revenues, Closing Door On Clones

Posted by timothy on from the playing-within-the-rules dept.

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.'"

4 of 201 comments (clear)

  1. Here goes last supporter of open-source by slashcomma3 · · Score: -1, Troll

    Money ruins everything. Trust me. Here a better explanation why Redhat move is really bad.

    1. Re:Here goes last supporter of open-source by twilightzero · · Score: 0, Troll

      Power corrupts, and absolute power corrupts absolutely. Even in open source.

      --

      "Christ what a design! I could eat a handful of iron filings and PUKE a better emergency pump than that!"
  2. First google, now redhat, then... by slashcomma4 · · Score: -1, Troll

    Lets face it folks, free software doesn't work. Sure we all dream about it, but really the Genius that would invent a licence that would give users all GPL rights _except_ for the right to pay nothing to the author haven' t yet born. This guy does very careful and neutral analysis of this.

  3. BUT INFORMATION WANTS TO BE FREEEEE. by Anonymous Coward · · Score: -1, Troll

    It was just a month ago that FBI proved they had 10-years worth of Backdoors in Theo De Raadt's BSD operating system without his knowledge. RedHat has something to hide. Oracle runs Mexico's National Bio-Database and Identification-card System just short of a recent upgrade to a chip in everybody's hand.

    RedHat has soemthing to hide, because Oracle is much more honest to everyone about the sinister business of Oracle clients.