Red Hat's growth in China

Discussion in 'all things UNIX' started by linuxforall, Nov 8, 2012.

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  1. linuxforall

    linuxforall Registered Member

    Feb 6, 2010
    Red Hat is reported to be eyeing the Chinese market as a key propagation ground for revenue growth.

    CEO Jim Whitehurst is quoted on USA China Daily saying that most of China's stock exchange market systems are based on the Linux system.

    "The open-source Linux system is the hero behind the scene," said Whitehurst.

    With current fiscal year revenues in excess of exceeded US$1 billion, the firm is thought to be targeting a growth rate that is hoped to reach US$3 billion within the next five years.

    From cloud computing to stock exchanges, all run LINUX
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