That’s a lot of Billions attached to a company built on the back of open source Linux. To give a quick reminder, we JUST DID A SHOW with special guest Joseph Jacks titled “Venture capital meets commercial OSS” and, of course, Red Hat was mentioned several times. They’re also on the $100M+ revenue commercial open source software company index we talked about.
We’ll dig into this and keep you updated on this breaking news that’s just days off the heels of Microsoft’s official acquisition announcement of GitHub. Needless to say, this has been a BIG WEEK for commercial open source software companies.