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http://www.linuxinsider.com

Red Hat's first quarter profit, reported Wednesday, jumped 17 percent from the year-ago period, bolstered by new offerings and the continuation of high-dollar partnerships. In October, shares of Red Hat tumbled 24 percent on the news that Oracle was to move aggressively onto Red Hat's turf by selling maintenance services for Red Hat products. The company, however, appears to be weathering the impact.

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Created by dave 7 years 20 weeks ago
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