Red Hat is at the top of its game right now, delivering quarter after quarter of impressive performance despite (or, perhaps, because of) a global recession. But it wasn't always thus. Despite a meteoric initial public offering in 1999, Red Hat spent years fumbling about for a winning game plan, dabbling in technologies that took it far beyond its core competence in operating systems.
Small wonder, then, that Red Hat today hasn't risen to the bait to move beyond its core competence.
In fact, it may well have been the burden of its IPO that set Red Hat … Read more