FITUG e.V.
Förderverein Informationstechnik und Gesellschaft
FITUG e.V.Förderverein Informationstechnik und Gesellschaft |
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------- Forwarded message follows ------- Date sent: Fri, 18 Jan 2002 23:12:37 -0500 Send reply to: Law & Policy of Computer Communications <CYBERIA-L@LISTSERV.AOL.COM> From: Richard Forno <rforno@INFOWARRIOR.ORG> Organization: www.infowarrior.org Subject: AOL in Negotiations to Buy Red Hat To: CYBERIA-L@LISTSERV.AOL.COM
http://www.washingtonpost.com/wp-dyn/articles/A5064-2002Jan18.html
AOL in Negotiations to Buy Red Hat
By Alec Klein Washington Post Staff Writer Saturday, January 19, 2002; Page F1
AOL Time Warner Inc. is in talks to buy Red Hat Inc., a prominent distributor of a computer operating system, an acquisition that would position the media giant to challenge arch rival Microsoft Corp., according to sources familiar with the matter.
<snip>
It was unclear yesterday what price tag Red Hat could fetch. With a market capitalization of about $1.45 billion and about 600 employees worldwide, Red Hat reported $68.2 million in revenue in the nine months ended Nov. 30, down 10 percent over the same period a year earlier.
The software company reported a profit of $1.8 million, or a penny per share, in the nine months, compared with a loss of $10 million, or six cents a share, in the year-ago period.
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