Linux provider Red Hat says open source technologies gaining ground
There are signs that open source technologies are seeing greater usage, says Matthew Szulik, CEO of Red Hat, the world's leading open source and Linux provider.
But he says broader adoption will only come with greater awareness about open source software development.
Red Hat says there are signs that open source operating systems are gaining ground on proprietary ones such as Microsoft's Windows.
One of Red Hat's key partners Oracle recently announced that it is offering to support Linux at lower prices while Microsoft unveiled a tie-up with another Linux provider Novell.
Matthew Szulik, Chairman and CEO, Red Hat, said: "When I saw the announcement, my first thought was that they must be having problems or concerns with Vista.
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Survival of the Linux
IN THE SOFTWARE world's version of survival of the fittest, Red Hat (RHAT), the champion of the open source Linux operating system, seems to have found itself on the endangered species watch list. But don't let recent developments fool you. This company isn't on its way to extinction.
Over the past two weeks, both Oracle (ORCL) and Microsoft (MSFT) have announced moves that aim to rip apart Red Hat's 80% share of the Linux market. Linux, and in turn Red Hat, is gaining momentum and posing a growing threat to the big software makers' livelihoods. Now they're on the attack: Oracle is offering Linux software and services at up to half the price Red Hat does, and Microsoft inked a partnership with Red Hat's main competitor, Novell (NOVL).
With these two giants sniffing around in Red Hat's backyard, there's obvious reason to take heed. Investors have certainly done so. Red Hat's stock is down 12% since Oracle's announcements. Time will tell whether Oracle and Microsoft are as big a threat as they seem. My guess: probably not.
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You talk the talk, but do you waddle the waddle?