Featured Articles

IHS teardown reveals Galaxy S5 BOM

IHS teardown reveals Galaxy S5 BOM

Research firm IHS got hold of Samsung’s new flagship smartphone and took it apart to the last bolt to figure out…

More...
Galaxy S5, HTC One M8 available selling well

Galaxy S5, HTC One M8 available selling well

Samsung’s Galaxy S5 has finally gone on sale and it can be yours for €699, which is quite a lot of…

More...
Intel lists Haswell refresh parts

Intel lists Haswell refresh parts

Intel has added a load of Haswell refresh parts to its official price list and there really aren’t any surprises to…

More...
Respawn confirms Titanfall DLC for May

Respawn confirms Titanfall DLC for May

During his appearance at PAX East panel and confirmed on Twitter, Titanfall developer Respawn confirmed that the first DLC pack for…

More...
KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 gained a lot of overclocking experience with the GTX 780 Hall of Fame (HOF), which we had a chance to…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 23 June 2011 10:07

Red Hat makes a killing

Written by Nick Farell
linux_tux

28 per cent growth
Linux distributor Red Hat made a killing last year, according to its latest figures. The company has begun fiscal year 2012 with a first quarter growth of 28 per cent.

Jim Whitehurst, President and Chief Executive Officer of Red Hat said the money was at the high end of the outfit's expectations. Net income for the quarter was $32.5 million compared with $24.1 million a year ago. All this is happening as the IT hardware makers are still in the doledrums.

He said that there is a fundamental shift in IT spending, in which cloud computing and virtualisation have become key strategic priorities. We guess the good side of the cloud is that you do not have to buy much hardware.

He thinks Red Hat is well positioned to capitalise on all this as enterprise customers look to Red Hat when upgrading and modernising their IT infrastructure.


Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments