Oracle backs Linux in competitive stab at Red Hat
Oracle Corp. on Wednesday made its boldest move into Linux open source software, taking direct aim at top Linux distributor Red Hat in a bid to wrest away its rival’s customers.
Red Hat shares fell 16 percent as Oracle offered to provide half-price technical support to Red Hat Linux users, threatening the customer support fees that provide the smaller software company with a key portion of its revenue.
Source: Reuters





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