Skip to main content

Red Hat says Yahoo relationship intact

posted onMarch 30, 2007
by hitbsecnews

Tough competition appears to be driving profits down for Red Hat but the company has hung on to one marquee customer, Yahoo, despite recent reports to the contrary.

Profits were down in Red Hat's fiscal fourth quarter, ended Feb. 28, to US$20.5 million from US$27.3 million in the same quarter last year.

Red Hat is under increasing pressure from competitors including Oracle, which now offers a support program for users of Red Hat's Enterprise Linux, and Microsoft, which poses a new threat through its relationship with Novell.

Still, Red Hat's relationship with Yahoo at least is strong, despite comments recently made by Oracle's CEO.

Source

Tags

Red Hat

You May Also Like

Recent News

Friday, November 1st

Tuesday, July 9th

Wednesday, July 3rd

Friday, June 28th

Thursday, June 27th

Thursday, June 13th

Wednesday, June 12th

Tuesday, June 11th

Friday, June 7th

Thursday, June 6th