Red Hat gunning for $1 billion in revenue

Posted by Sander_Marechal on Feb 13, 2008 12:56 AM EDT
Techrepublic Blogs; By Paul Mah
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Newly appointed Red Hat CEO Jim Whitehurst is aiming to bring Red Hat, an open-source vendor with just below $500 million in revenue as of last year, into the billion-dollar range in the next three years. If you recall, Jim Whitehurst left his position as COO of Delta Airlines, replacing Matt Szulik who stepped down after nine years for family health reasons on January 1. Matt Szulik is now the chairman of Red Hat’s board of directors.

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