Updated Dec. 5, 2011 at 4:32 p.m.
Red Hat's "cloud" products are winning market share, analyst says.
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Global Equities Research analyst reports that Red Hat's Enterprise Linux is beating Microsoft, Oracle and SUSE Linux for cloud computing projects. He also says the Raleigh-based Linux software firm may make more acquisitions. Also on Monday, Lazard Capital raised its share target price to $57 from $53.Copyright 2013 WRAL Tech Wire. All rights reserved.
Analyst: Red Hat winning 'cloud,' eyes acquisitions; shares up 3.2%
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Red Hat's "cloud" products are winning market share, analyst says.
Image 1 of 2 · Next Image…
Global Equities Research analyst reports that Red Hat's Enterprise Linux is beating Microsoft, Oracle and SUSE Linux for cloud computing projects. He also says the Raleigh-based Linux software firm may make more acquisitions. Also on Monday, Lazard Capital raised its share target price to $57 from $53.Copyright 2013 WRAL Tech Wire. All rights reserved.
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