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Heady days for Red Hat

The Linux seller more than triples in its first day of trading, although some investors were left frustrated.

CNET News staff
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CNET News staff
 
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The Linux seller more than triples in its first day of trading, although some investors were left frustrated.

"It lays the groundwork for other companies."

- Ransome Love, chief executive of Caldera Systems, on Red Hat's IPO

 
Red Hat shares triple in IPO
update The initial public offering for the Linux software maker explodes as its share price triples, closing at 52.06.

Late IPO change left many red-faced
Red Hat had a smashing first day, but its goodwill effort to include the Linux community goes sour for a second time.

Linux founder outlines vision of software's core elements
Linus Torvalds's laptop runs out of battery power too fast. So the future of Linux will focus on power management and other features using "open source" operating systems to make things better for all consumers.