Portugal Telecom, a provider of telecommunications services in Portugal and other emerging markets, is expanding its use of Red Hat’s (NYSE: RHT) Red Hat Enteprise Linux product.

Financial terms were not disclosed.

The company said it wants to expand use of open source solutions and also to capitalize on Red Hat’s product certifications.

Red Hat Enterprise Linux is widely used by financial institutions on Wall Street and elsewhere.

For more details, read here.

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