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Old 03-24-2009, 02:40 PM   #1
LXer
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LXer: Oracle is not buying Red Hat


Published at LXer:

Oracle is not buying Red Hat The rumor mill has it that Oracle may be buying Red Hat. Don't believe it. All it took was one mention that Oracle might do well to own Red Hat, but that the timing wasn't right, by Jefferies & Co. analyst Katherine Egbert for people to start talking up Oracle buying Red Hat. Folks, it's not going to happen. IBM will buy Sun. Oracle buying Red Hat? No. This isn't the first time that Egbert has dreamed up fantasies of Oracle buying Red Hat in the minds of silly investors. She was wrong then. She's wrong now. Why? The reasons why it didn't make sense in 2006 are still the reasons the move makes no sense today.

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