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Stock impact report

What the Red Hat Acquisition Says About the Open Source Ecosystem [Canadian Business Journal (Canada)]

RED HAT (RHT) 
Last red hat earnings: 3/25 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.redhat.com
What the Red Hat Acquisition Says About the Open Source Ecosystem By Bart Copeland I’ve been working in open source for more than 12 years and never could have predicted the $34 billion acquisition of Red Hat by IBM. Frankly, it makes me concerned for the open source ecosystem. It was a watershed moment for open source when Red Hat was founded in 1993. Founders Bob Young and Marc Ewing helped fuel not only what has become the norm for development and open source but also the widespread adoption of open source by companies. Not surprisingly, Red Hat became synonymous with both the Linux operating system (OS) and open source for enterprise. Open to the Core Red Hat is a key player in the open source ecosystem, with its roots in open source. The company has done a phenomenal job with Red Hat Linux (RHEL) and has achieved success around a host of other open source projects spanning middleware, cloud, virtualization, containers and applications. Red Hat has also embraced Kub Show less Read more
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