Feeds

Could Red Hat be Novell's spouse?

Jim Whitehurst says his firm will 'look at anything'

Intelligent flash storage arrays

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." ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
Euro Parliament VOTES to BREAK UP GOOGLE. Er, OK then
It CANNA do it, captain.They DON'T have the POWER!
Download alert: Nearly ALL top 100 Android, iOS paid apps hacked
Attack of the Clones? Yeah, but much, much scarier – report
NSA SOURCE CODE LEAK: Information slurp tools to appear online
Now you can run your own intelligence agency
Post-Microsoft, post-PC programming: The portable REVOLUTION
Code jockeys: count up and grab your fabulous tablets
Twitter App Graph exposes smartphone spyware feature
You don't want everyone to compile app lists from your fondleware? BAD LUCK
Microsoft adds video offering to Office 365. Oh NOES, you'll need Adobe Flash
Lovely presentations... but not on your Flash-hating mobe
prev story

Whitepapers

Designing and building an open ITOA architecture
Learn about a new IT data taxonomy defined by the four data sources of IT visibility: wire, machine, agent, and synthetic data sets.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
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.
Protecting users from Firesheep and other Sidejacking attacks with SSL
Discussing the vulnerabilities inherent in Wi-Fi networks, and how using TLS/SSL for your entire site will assure security.