Language Selection

English French German Italian Portuguese Spanish

Red Hat CEO Talks Turkey With The Motley Fool

Filed under
Linux
Interviews

If you bought Red Hat when I told you to act on a temporary dip six months ago, you're sitting on a 40% gain today. Over the same time period, that beats even fellow high-tech highfliers like Informatica (Nasdaq: INFA), Apple (Nasdaq: AAPL), or nearly any other market darling. Not bad for a company that makes a living selling software you can get for free.

But wait -- there's more!

That's the tale of the tape, but the real story is that Mr. Market is starting to take notice of Red Hat's unique business model. I'd love to say that investors and analysts understand it, but that watershed moment still seems to elude most of them.

In an exclusive interview after the traditional earning call, CEO Jim Whitehurst took the time to talk with me about what makes Red Hat a success in open-source software sales, where everybody from Novell (Nasdaq: NOVL) to Oracle (Nasdaq: ORCL) has largely failed.

"We're not selling software, right? The software is free," Whitehurst said. "We have to add value around the software, beyond the software.

rest here




More in Tux Machines

Dangling the Linux Carrot

Sometimes the direct sell method isn’t the best way to close the deal. How do you think the whole “play hard to get” thing got traction throughout the years? That method is successful in any number of applications. And really, I wasn’t wearing my Linux Advocacy hat that evening…I was just a guy relaxing after a day’s work. Read more

Red Hat Sets New 12-Month High at $61.97 (RHT)

They now have a $70.00 price target on the stock, up previously from $57.00. Three equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. Red Hat has an average rating of “Buy” and an average price target of $63.50. Read more

Systemd 216 Piles On More Features, Aims For New User-Space VT

Lennart Poettering announced the systemd 216 release on Tuesday and among its changes is a more complete systemd-resolved that has nearly complete caching DNS and LLMNR stub resolver, a new systemd terminal library, and a number of new commands. The systemd 216 release also has improvements to various systemd sub-commands, an nss-mymachines NSS module was added, a new networkctl client tool, KDBUS updates against Linux 3.17's memfd, networkd improvements, a new systemd-terminal library for implementing full TTY stream parsing and rendering, a new systemd-journal-upload utility, an LZ4 compressor for journald, a new systemd-escape tool, a new systemd-firstboot component, and much more. Read more

Desktop Obsessions, Steam Sacrifices, and LibreOffice Review

We've been reading a lot about the desktop lately and we're not stopping tonight. We have three stories tonight on the desktop. In other news, the kernel repositories beef-up security and Alienware says Steam Machine users will "sacrifice content for the sake of Linux." The new Linux version of Opera is making progress and CNet has a review of LibreOffice 4.3. This and more in tonight's Linux news. Read more