Red Hat tests Linux update
Red Hat began public testing this week of an update designed to make its new premium Linux product work better on IBM servers and computers that use Advanced Micro Devices' Opteron chip.
Update 1 of Red Hat Enterprise Linux 3 is expected to be final in mid-January, spokeswoman Leigh Day said on Friday.
The update will speed up RHEL 3 on IBM mainframes, Red Hat said. It will also make it work on a broader number of IBM's Power-chip-based pSeries and iSeries servers and on some new servers using Intel's Itanium 2 processor.
RHEL, which Red Hat sells in the form of an annual subscription for support and updates, boosted the company's profits in its most recent quarter to $4.1 million, the company reported on Thursday. An expectation of 44,000 new subscribers for the current quarter led several financial analysts to upgrade their financial estimates for Red Hat, and Red Hat's stock jumped $3.21, or 22 percent, to $17.49 on Friday.
