You see, Young would start a business -- called Red Hat -- in the emerging category of open source software, with a focus on the Linux operating system. Of course, as of now, Red Hat is a massive company and has recently sold out to IBM for a hefty $33 billion. So what does this all mean for the open source community? “I’m sure a lot of Red Hat customers and partners are concerned about which direction this will go. Although large companies have for a very long time aimed to influence and leverage open source projects, this acquisition represents the boldest step yet by a large vendor to gain control over the commercialization of open source technology.

Source: Forbes November 03, 2018 14:37 UTC