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First Billion Dollar Open Source Software Vendor

Posted by samzenpus on from the lots-of-zeros dept.

head_dunce writes "Red Hat is doing very well in this economy. Total revenue and subscription revenue for this quarter is up 28% year-over-year. Jim Whitehurst, President and Chief Executive Officer of Red Hat said, 'Based on the strong first half results, we believe Red Hat remains well positioned to finish fiscal 2012 as the first billion dollar open source software vendor.'"

1 of 75 comments (clear)

  1. Re:Which software by Per+Abrahamsen · · Score: 5, Informative

    They predict that by 2013 non-OS software will grown to almost half the revenue.

    Source.

    Middleware (likely JBoss) will be the majority of the non-OS software.