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Apps & Software

More Bad News For Linux: Redhat And Novell

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By Douglas A. McIntyre Published
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It used to be that the corporate IT crowd could not get enough of Linux. It was inexpensive. It did not come from Microsoft. It was open-source and could be improved without permission from Redmond.

A new study shows that IT types are beginning to turn on Linux. According to Barron’s, UBS did a survey of chief information officers and in the process found out that "of the the 47% of CIOs in the survey who said they were not Linux users, just over 90% indicated that they would not deploy the open source operating system in 2007."

In other words, if they hated Linux before, they hate it even more now.

What happy news for Microsoft (MSFT). But, it makes for a bad day for enterprise Linux firms Redhat (RHAT) and Novell (NOVL). Redhat’s shares are down over 20% during the last three months. Maybe investors saw this coming.

Douglas A. McIntyre

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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