Voices

Red Hat Shares Jump on Strong Quarter, Buyback Plan

Red Hat Inc.’s fiscal fourth-quarter income improved 7.3 percent as the software provider continued to see stronger demand boost margins and revenue.

Sound Bites From the SOPA Strike

A roundup of some of the interesting comments made about SOPA and PIPA during today’s Web-wide protest against the bills.
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HP’s Whitman: We Have to Walk Before We Can Run With webOS

HP CEO Meg Whitman and director Marc Andreessen talk about the commitment HP plans to make to its new open source project.
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News Byte

Appcelerator Lands $15 Million in New Funding

Mobile software development firm Appcelerator is announcing on Tuesday that it has raised $15 million in a third round of funding led by Mayfield Fund, Translink Capital, and Red Hat. Existing investors eBay Inc., Sierra Ventures, and Storm Ventures also took part.

Now That's Big Data: Apple Orders 12 Petabytes of Storage Gear From EMC

Apple’s new cloud-based iteration of iTunes will need some serious data storage. According to one report, the company has turned to the newly acquired EMC unit Isilon Systems to get it, and in a big way.

IBM to Buy Red Hat…Someday…Maybe

Red Hat is destined to be acquired, most likely by IBM–according to Jefferies analyst Katherine Egbert, anyway. Noting that Oracle’s acquisition of Sun Microsystems is bad news for Red Hat, Egbert says the open-source outfit is going to need a partner sooner or later and that IBM may well volunteer for the position.
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Voices

Oracle Shopping List: SaaS, Virtualization, Health Care

Yesterday’s rumors about a potential acquisition by Oracle of Red Hat have apparently faded, but Larry Ellison’s appetite for doing deals is never sated. Whether or not Oracle decides to take a run at Red Hat, it is not going out on a limb to suggest that at some point Ellison is going to get the itch and make more acquisitions.

Voices

Red Hat Shares Slide as Q3 Guidance Disappoints

Red Hat (RHT) shares are trading lower in an otherwise upbeat session for tech stocks, after the company last night provided lower-than-expected guidance for its fiscal third quarter ending November.

Voices

Red Hat Buys Virtualization Company; VMW, CTXS Slide

Competition is intensifying in the virtualization sector. Red Hat (RHT) this morning announced an agreement to acquire Qumranet, an Israeli company that provides a virtualization software platform, for $107 million in cash.

Microsoft Forced to Dance Samba