Re: Intel & Netscape invest in Red Hat Software

Rick Welykochy (rickml@dot.net.au)
Fri, 02 Oct 1998 19:15:45 +1000

Robin Whittle wrote:
>
> David Goldstein just alerted me to this good news! Its strange
> seeing Linux associated with big money and familiar marketing terms
> like "mission-critical", "extending leadership into the enterprise" -
> but if thats what is needed to get corporate managers happy about
> using it, then fine!
>
> - Robin
>
> http://www.redhat.com/news/news-details.phtml?id=163

Great gnus :-)

On a sour note, the above URL uses PHP, a marvelous
scripting HTML-embedded scripting language. Sadly,
the following URL results in
>
> Intel, Netscape, Greylock and Benchmark Partners Take Equity
> Positions in Red Hat Software
>
> Red Hat Establishes Enterprise Computing Division for Its Linux OS
>
> SAN JOSE, Calif., September 29, 1998 Today at ISPCON Fall `98, Red
> Hat Software, Inc., a leading distributor of the Linux operating
> system, announced that Intel, Netscape Communications Corporation and
> venture capital firms Greylock and Benchmark Partners have taken
> minority equity positions in the company. Red Hat builds, maintains
> and provides technical support for the Red Hat Linux operating
> system. Linux runs on Intel, Alpha and Sun SPARC platforms. Financial
> terms of the agreement were not disclosed.
>
> Additionally, the firm announced it is establishing an Enterprise
> Computing Division, according to Red Hat president, Robert F. Young.
> The new division will offer enterprise grade products and services to
> support global, mission-critical applications. "As the growing number
> of users demonstrates, the Linux operating system is ready for
> enterprise-wide applications," Young said. "Red Hat intends to
> further extend its Linux leadership into the enterprise."
>
> "Today's announcement reaffirms Netscape's commitment to Linux as a
> strategic enterprise-ready platform," said John Paul, senior vice
> president and general manager of the Server Products Division at
> Netscape. "Netscape's customers are demanding a manageable, scalable
> and reliable Internet operating system for deploying the applications
> required in the net economy. Customers are finding that Linux
> provides the manageability, scalability and reliability they
> require."
>
> "Our investment in Red Hat demonstrates the technological value of
> the open source development model for technologies such as operating
> systems," stated William S. Kaiser, general partner at Greylock.
> "They have done a great job of supporting the open source development
> model and delivering the benefits of that model to a growing number
> of Linux users."
>
> "Since July, the five leading providers of database software Oracle,
> Informix, Computer Associates, Sybase and IBM have all announced
> plans to support Red Hat Linux OS," stated Red Hat's Young. "We
> believe that their OS strategies, combined with today's announced
> investments, continue to fuel the adoption of Linux as a robust and
> secure operating system."
>
> Red Hat Software, Inc, based in Research Triangle Park, N.C., is a
> software development company that sells products and provides
> services related to Linux. Red Hat's mission is to provide
> professional tools to computing professionals. The company
> manufactures shrinkwrapped software versions of the Linux operating
> system, making it accessible to the broadest possible range of
> computer users. The company works with development groups around the
> world via the Internet to review, package and develop Linux-based
> tools, making them useful for computing professionals. The company
> builds tools that are released as freely reusable software available
> for unrestricted use. Red Hat additionally publishes books and
> software applications and provides technical support. Visit Red Hat
> on the web at http://www.redhat.com/
>
> ABOUT LINUX:
>
> Linux is a cooperatively developed, POSIX-based multi-user, multi-
> tasking operating system used worldwide in commercial, academic and
> development organizations. Linux is used as a low-cost, fully
> functional UNIX workstation for applications ranging from Internet
> servers to reliable work group computing. The operating system was
> initially developed by Linus Torvalds. Today, the core product and
> enhancements, including all source code, are freely available on the
> Internet under a GPL license.
>
> ===============================================================
>
> Robin Whittle rw@firstpr.com.au http://www.firstpr.com.au
> Heidelberg Heights, Melbourne, Australia
>
> First Principles Research and expression: music, Internet
> music marketing, telecommunications, human
> factors in technology adoption. Consumer
> advocacy in telecommunications, especially
> privacy. Consulting and technical writing.
>
> Real World Electronics and software for music: eg.
> Interfaces the Devil Fish mods for the TB-303.
>
> ===============================================================

-- 

================================================================== _/ Richard Welykochy mailto:rick@dot.net.au _/ Dot Communications Ltd http://www.dot.net.au/world ==================================================================