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No Recession at Red Hat (Steve Lohr/Bits)

March 28th, 2008 by

Steve Lohr / Bits:

No Recession at Red Hat  —  Red Hat, the Linux software company, gave a nice welcome present today to its new chief executive, James Whitehurst.  —  The company, which distributes Linux and other open-source software, reported that its quarterly sales grew 27 percent and earnings slightly surpassed analysts’ consensus estimate.

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