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Red Hat CEO: Money crisis will boost open source
wildcat
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15
10-22-2008 7:54 AM
540 views
tags:
open source
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financial crisis
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/ce1ada74-bda2-4ebb-b262-367e39b62ce5/26CA36C6-FE4F-43C8-9C0C-BBDC859DACD0/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://news.zdnet.com/2424-9595_22-241870.html" href="http://news.zdnet.com/2424-9595_22-241870.html" style="font-size: 11px;">news.zdnet.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.zdnet.com/2424-9595_22-241870.html"><B> Sydney, Australia--The global economic crisis will provide a boost for open-source software, Red Hat chief executive Jim Whitehurst claimed during a visit to Sydney.</B></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.zdnet.com/2424-9595_22-241870.html"><P> Whitehurst, who was in Australia as part of a tour of the Asia-Pacific region, said in an interview with ZDNet.com.au on Wednesday that the crisis would cause companies to consolidate their technology infrastructure and reduce spending. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.zdnet.com/2424-9595_22-241870.html"><P> "So the bad news is when things get tight, people stop investing as much in the future," he said. "I would expect to see a slowdown in spending for new functionality." However, the chief executive said this would cause more companies to consider open-source software as an option.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.zdnet.com/2424-9595_22-241870.html"><P> "What I do know is that open source will be in much better shape coming out of [the financial crisis], that going into it relative to our propriety competitors," he said. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/26CA36C6-FE4F-43C8-9C0C-BBDC859DACD0/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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