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Old 09-02-2006, 08:36 AM   #1 (permalink)
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Default Redhat bought Tapia's stake in RedHat India


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Red Hat, provider of enterprise open source solutions, announced that it has fully acquired its joint venture in India. The JV was established in 2000 by Javed Tapia.
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... Linux vendor Red Hat is stepping up its efforts in the potentially huge India market by buying out its joint-venture partner, earmarking an investment of $20 million in the next two to three years, doubling its Pune-based research staff, and signing a memorandum of understanding (MOU) with an official body to work jointly at modernizing the Indian educational system...
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Old 09-02-2006, 11:22 AM   #2 (permalink)
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GNU/Linux is a serious business (~Rs. 200 Crore, read it somewhere). More and More players are into the arena. MS face a serious threat here in India too.
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