Feeds

Michael Dell slips $100m into Red Hat

Personal endorsement?

  • alert
  • submit to reddit

Build a business case: developing custom apps

Michael Dell is investing $100m of his own cash in Linux distributor Red Hat. The investment is a private investment rather than a strategic corporate move by Dell.

Dell is investing $99.5m in Red Hat through his personal investment firm MSD Capital LP. MSD invests on behalf of the Dell family in public and private equity and in real estate.

The investment sounds like a ringing endorsement, but MSD Capital looks after about $10bn for Dell and his family, so a $100m investment is not going to break the bank. Dell’s personal wealth is estimated by Forbes at $16bn.

The Triangle Business Journal, which broke the story, was told MSD did not comment on investments. But the firm noted that it employs 70 people, so the Red Hat decision may not have been made by Dell himself.

Dell Computer was an early investor in Red Hat and one of the first big brand server makers to offer the software on its machines.

In more good news for Red Hat IBM today announced it is extending its relationship with the company. IBM will make it easier for customers who want to run Red Hat on IBM eServer zSeries mainframe machines.

More info here.®

Related stories

Red Hat Q4 sales soar
Red Hat Enterprise Linux v.4 hits the streets
Red Hat Q3's 'validate' Linux subscriptions

The essential guide to IT transformation

More from The Register

next story
Microsoft exits climate denier lobby group
ALEC will have to do without Redmond, it seems
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
BYOD's dark side: Data protection
An endpoint data protection solution that adds value to the user and the organization so it can protect itself from data loss as well as leverage corporate data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?