Language Selection

English French German Italian Portuguese Spanish

How Low Can Public Open Source Companies Go?

Filed under
OSS

While I remain in agreement with many observers who see the economic downturn as potentially very positive for open source, I have to wonder whether we're going to see some of the leadership open source companies swallowed up in all the financial carnage. Red Hat, Novell, and Sun Microsystems are all companies that I'd like to see continue their open source leadership without the meddling of huge corporate parents, but one has to wonder how cheap these companies can get in the public market before their independence is threatened.

The stock market just closed a few minutes ago. Red Hat's stock dropped just shy of 10 percent on the day, and Novell's did too. Both stocks got hammered far harder than the five to six percent declines for the various market indexes. Sun fared worse, dropping nearly 12 percent for the day. Sun and Novell both sell for under $5 a share, and Red Hat sells for under $10 a share.

These are just numbers for today, though.




More in Tux Machines

Kicking the Tires on Arch Based Antergos

We decided to take the Arch Linux based distribution Antergos out for a test drive. Here’s how it handled, out in traffic and on the track. A few months back, a fellow tech writer mentioned in an email exchange that I might try using the Arch Linux based Antergos distro as a way to grab the latest and greatest versions of popular software titles for review. Mainly because of Arch’s community repositories, in which users suggest and vote on packages to be included, many popular software titles are available within days after a new release. And since Antergos is a simple install compared to Arch, it would be easy to quickly throw up an installation on a test machine just to look at the latest and greatest from LibreOffice, GIMP and the like. Read more

Red Hat and Fedora

Android Leftovers

today's howtos