Red Hat: The 1st billion-dollar open-source company?

Posted by Scott_Ruecker on Sep 23, 2010 7:53 AM EDT
ComputerWorld; By Steven J. Vaughan-Nichols 		Mail this story
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A few months back Glyn Moody, noted open-source journalist, asked the question, "Why No Billion-Dollar Open Source Companies?" Jim Whitehurst, Red Hat's CEO answered, "Red Hat could get to $5 billion in due course, but that this entailed 'replacing $50 billion of revenue' currently enjoyed by other computer companies. Guess what? Red Hat is on its way.

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