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But the database giant hasn't stopped Red Hat's growth, and indeed it was Red Hat, not the database giant, that has remained at the top of the CIO Insight value survey.

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The arrival of Oracle's 'Unbreakable Linux' initiative, an effort to rebuilt the operating system off Red Hat's publicly available source code and sell support at lower cost. The court case has largely fallen apart, and SCO is in bankruptcy court. A legal assault on Linux by the SCO Group, a former Linux seller that acquired a disputed amount of the original Unix intellectual property and sued IBM, arguing that Big Blue broke its Unix contract by putting proprietary Unix code into open-source Linux.

Novell struggled financially since the acquisition, however, though it remains the top Red Hat rival commercially.

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Novell's acquisition of Suse Linux, combining a well-known software brand with the second-place Linux version and getting a $50 million investment as an endorsement from IBM. Szulik has withstood many challenges over the years as his company grew to more than 3,000 employees. What was once considered a joke in 1998 no longer is,' Szulik said. 'Our customers and marketplace are responding, as evidenced by our financials and strong market potential. 'Through our actions, the open source community and the people of Red Hat are defining a modern economic relationship between developer and customer,' he said. In a parting blog message, Szulik said he's proud of the strides the open-source software movement has made. In the most recent, revenue was $135.4 million. In the quarter ended May 31, 1999, the last before Red Hat's IPO, the company had revenue of $2.7 million. But it's been hard to argue with Red Hat's financial success. The elimination of the free, supported product angered some-and triggered the eventual founding of rival Ubuntu by. Next was the freely available Fedora, fast-changing, a proving ground for new features before they were fully tested, and coming only with short-term, informal support. First came Red Hat Advanced Server, later to become Red Hat Enterprise Linux, available as a support subscription that has to be purchased for each server it runs on.

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The business depended on converting people who got the free versions into paying customers.īut it changed dramatically to two versions. Until 2003, its single product, Red Hat Linux, was freely available as a download, and the company sold technical support. In his years at Red Hat, Szulik presided over a major change in business strategy. Whitehurst worked at Delta from 2002 to August 2007 before that, he was at the Boston Consulting Group, Red Hat said. He also will be paid up to $150,000 for relocation from Atlanta, and will be granted options to purchase 500,000 shares of common stock and 175,000 shares of restricted stock. The company also raised estimates for full-year results to revenue of $521 million to $523 million and earnings of about 70 cents per share.Īccording to a regulatory filing Thursday, Whitehurst will be paid $700,000 per year with a possible bonus of the same amount. Its revenue increased 28 percent to $135.4 million and net income went up 12 percent to $20.3 million, or 10 cents per share. The surprise move was announced as the leading Linux seller announced results for its third quarter of fiscal 2008. During the interview, he added about the tech industry candidates, 'When you take them out of the big buildings, without the imprimatur of Hewlett-Packard, IBM and Oracle, or HP around them, they just didn't hold up.' 'What we encountered was in many cases was a lack of understanding of open-source software development and of our model,' he said. Moreover, Szulik said he wasn't satisfied with more traditional tech executives who were interviewed. He was a programmer earlier in his career and runs four versions of Linux at home, he said.

On a conference call, Szulik said Whitehurst stood 'head and shoulders' above other candidates interviewed in a recruiting process. Szulik, who remains chairman of the board, praised Whitehurst in a statement, saying he's a 'hands-on guy who will be a strong cultural fit at Red Hat' and 'a talented executive who has successfully led a global technology-focused organization at Delta.' 'This job requires a 7x24, 110 percent commitment.' 'For the last nine months, I've struggled with health issues in my family,' and that priority couldn't be balanced with work, Szulik said in an interview. Szulik, who took over as CEO from Bob Young in 1999 just a few months after its initial public offering, said he's stepping down because of family health issues.

2022.09

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