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Red Hat announced that announced that a European branch of the the New York Stock Exchange (NYSE) has implemented its Red Hat Enterprise Linux (RHEL) and Red Hat Network. NYSE Euronext is using RHEL for key components of its "mission-critical," high-speed financial trading environments, Red Hat said.
The New York Stock Exchange is investing heavily in x86-based Linux systems and blade servers as it builds out the NYSE Hybrid Market trading system that it launched last year. Flexibility and lower cost are among the goals. But one of the things that NYSE Euronext CIO Steve Rubinow says he most wants from the new computing architecture is technology independence.
Today the Linux Foundation issued a report looking at the value of the Linux platform in terms of code. This was an update of a 2002 study that estimated the value then at $1.2 Billion. Today’s value: $10.8 Billion.
The Servico Federal de Processamento de Dados (SERPRO), (a US$ 1 billion annual revenue Brazilian government owned IT enterprise), announced during the Debian Day Brasil 2008 Porto Alegre that it has selected Debian GNU/Linux as the preferred distribution for its hundreds of GNU/Linux development and production servers.
A new software upstart Marketcetera contends that its open source platform for building automated trading systems is an alternative to the likes of EMS providers Portware and Flextrade.
Red Hat Inc., the world's leading business Linux distributor, announced earlier this week that SAP AG, a global provider of business software solutions, has certified the SAP NetWeaver platform on RHEL (Red Hat Enterprise Linux) Advanced Platform 5. The certification includes the virtualization technology embedded in Red Hat Enterprise Linux 5 for use with SAP applications.
Sabre Holdings Corp., the $3 billion online network best known for Travelocity, has adopted Red Hat Enterprise Linux (RHEL) as the corporate standard for its global ticketing and airline services businesses and will implement RHEL 5 in all future acquisitions.
Yahoo Inc.'s board plans to reject Microsoft Corp.'s unsolicited $44.6 billion offer to acquire the Web giant, a person familiar with the situation says.
