Red Hat revenues bulge 20%
Commercial Linux and middleware distributor Red Hat continued to grow at a nice clip in its second fiscal quarter ended on August 31, with sales up 19.7 per cent to $219.8m. But even after keeping cost growth under this level, a much higher tax bill compared to the year-ago quarter walloped the company's net income, which fell …
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Why?
Why the rise?
Because there are so many ex-Sun (now Oracle) SPARC customers who are migrating to RHEL on x86/x64 H/W.
We are doing exactly that and reducing our 3-year TCO by at least 30% .... Game over Oracle. Hello RH.
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