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American Linux distributor Red Hat has announced its first quarter financial results, which show an increase in total revenue and subscription revenue by 20 per cent over same quarter last year
IDC is out with a new report forecasting Linux revenue from 2009-2013. According to a post on the data, from Novell CMO John Dragoon, in 2008, the Linux vendor community saw a 23.4 percent growth in revenue.
Software company Red Hat continued its recession-defying performance by posting an 11 percent increase in quarterly revenue that outpaced analysts' expectations.
New York, June 15, 2011 – BalaBit IT Security announced an increase of 59 percent on a year-on-year basis in 2010. According to industry and analyst predictions last year there was a slight increase on the IT security market, where the drivers were the compliance related investments.
Linux servers posted the fifth consecutive quarter of accelerating revenue growth, with year-over-year revenue growth of 19.0%, for a total of $1.8 billion in the quarter. Linux servers now represent 13.6% of all server revenue, up from 12.1% a year ago.
But that's not the whole story. JBoss drives $10 in services revenue for every $1 in subscription revenue, which makes JBoss much more interesting to Red Hat's channel partners than RHEL.
In an already tough IT environment, and with Windows 7 garnering buzz, Microsoft(MSFT Quote) may have to sleep with one eye open.One bright spot in an otherwise dampened earnings report showed that Novell's(NOVL Quote) revenue related to its Linux open-source platform -- a chief rival to Windows -- was up 25.5% to $36.6 million from the same quarter a year ago.
Tapping into a new revenue source, Ubuntu Linux's corporate backer Canonical has signed a partnership to use Yahoo's search results by default in the version of Firefox it ships.