2min chapter

The Changelog: Software Development, Open Source cover image

Dear Red Hat... (Friends)

The Changelog: Software Development, Open Source

CHAPTER

The Downswing of Red Hat's Net Revenue Increases

Red Hat's net revenue increases are on a downswing, like 12%, 10%, 8% to last three quarters. I still see Red Hat as being kind of alive inside of there, but it's not the same Red Hat that it was five, six years ago. When you buy a company for $34 billion and say, "You're going to be free," things happen internally that would not happen had IBM never owned Red Hat.

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