Feeds

Could Red Hat be Novell's spouse?

Jim Whitehurst says his firm will 'look at anything'

Providing a secure and efficient Helpdesk

Red Hat's CEO Jim Whitehurst declined to dismiss the possibility of buying out his company's Linux rival Novell in a meeting with reporters in London today.

Whitehurst said the open source software vendor was eyeing up possible virtualisation and cloud acquisitions but added nothing was on the horizon yet.

On the subject of Novell, which is currently seeking a suitor among up to 20 different prospective buyers, Red Hat's boss said:

"Given we’re Novell’s competitor I could make some snide comments about it… but then I’ll feel bad and will have to call Ron [Hovsepian] and apologise," he said.

"I’ll just say I can’t comment on anything specific going on out there but we’ll look at anything."

Meanwhile, Red Hat is ambitiously pursuing Whitehurst's goal of making the vendor a $5bn company, which pulled in revenues of $750m in 2009, in the next few years.

"It will take a long time," he said. "We want to be a $1bn company by next year but we need to generate bookings this year… What we do just dramatically reduces revenue in the categories we’re in.

"With the open source model we are still one of the most profitable software companies in terms of the margins. The power of the model allows us to generate a order of magnitude greater value for our customers and still be profitable.

"But again our shadow’s bigger than our profit would suggest. I think we can get to $5bn but it will take us a few years."

And as for Red Hat's flirtations around cloud and virtualisation firms, Whitehurst said: "You will likely see us increase our acquisitions. We’re highly cashflow positive.

"There’s nothing upcoming but we’re actively looking at our opportunities." ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Not appy with your Chromebook? Well now it can run Android apps
Google offers beta of tricky OS-inside-OS tech
Greater dev access to iOS 8 will put us AT RISK from HACKERS
Knocking holes in Apple's walled garden could backfire, says securo-chap
NHS grows a NoSQL backbone and rips out its Oracle Spine
Open source? In the government? Ha ha! What, wait ...?
Google extends app refund window to two hours
You now have 120 minutes to finish that game instead of 15
Intel: Hey, enterprises, drop everything and DO HADOOP
Big Data analytics projected to run on more servers than any other app
New 'Cosmos' browser surfs the net by TXT alone
No data plan? No WiFi? No worries ... except sluggish download speed
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.