Language Selection

English French German Italian Portuguese Spanish

Red Hat: Needham Starts at Buy, $63 Target

Filed under

Needham & Co.’s Scott Zeller today kicks off coverage of Red Hat (RHT) with a Buy rating and a $63 price target, writing that “field discussions in our data center software coverage have made increasing mentions of open source alternatives as companies consider their architectures for “data center refresh” and a move to cloud computing for public as well as private cloud buildouts.”

Red Hat’s various offerings are “looking very much like a “stack” (operating system, middleware, virtualization, storage – all open source),” writes Zeller.

The result of that is that Red Hat seems able to expand its “footprint” with customers even in a tough economic environment, he writes.

Rest here

More in Tux Machines

Android 6.0 Marshmallow review

Android, Google’s mobile operating system, has matured a lot over the past year. It’s running on 1.4 billion devices (up from 1 billion last year) and its most popular app store, Google Play, has more than 1 billion active users. In the last quarter, IDC estimates that Android held 82.8 percent of the global smartphone market. As its newest iteration, 6.0 Marshmallow, rolls out, Android’s going incredibly, undeniably strong. Read more

At the Heart of OpenStack Evolution

As it matures, OpenStack's parallel to Linux is clearer. Linux emerged 20 years ago as a somewhat exotic challenger to proprietary operating systems. Today, it is one of the most popular and widely used OSes. However, Linux still exists in a market of mixed use. It's likely that OpenStack will be subject to the same effect, becoming a viable option among a number of cloud infrastructures. Read more

GParted Live Gets the Latest Updates from Debian Sid

GParted Live, a small bootable GNU/Linux distribution for x86-based computers that can be used for creating, reorganizing, and deleting disk partitions, has been upgraded to version 0.23.0-2 and is now available for download. Read more

MATE-Desktop 1.11 Released, Working Towards MATE 1.12

MATE developers are currently working towards MATE 1.12. MATE 1.12 is expected to have full support for GTK3, initial support for Wayland, support for GNOME Account Servers, full support for systemd's logind, xf86-input-libinput driver support, and various other changes. The work-in-progress items can be found via the MATE-Desktop Roadmap. Read more