Linux firm tips its hat to open-source start-ups

 

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Linux company Red Hat tries a new role on for size, unveiling plans to invest in open-source and other Linux start-ups. A business boost is warranted, as many Linux firms struggle to maintain their early gains on Wall Street.

Red Hat creates new investment unit update The Linux software firm continues to reshape its business plan to fit a rapidly evolving open-source market. Linux company rethinks news site, portal plans Red Hat scales back its plans to create an open-source news site, a setback for its strategy to diversify its revenue streams and create a dominant Linux Web site. Sour market pushes Linux stocks under water update The dour mood on Wall Street has dragged three Linux company stocks below their initial public offering prices, and others aren't far behind.