March 28, 2014

Red Hat Serves Up Good Earnings, Updated Virtualization Platform

Red Hat is out with a slew of news this week. As Susan covered earlier, the company reported better-than-expected quarterly results, aided by strong subscription growth for its Linux operating system, but also forecast full-year profit following below average analyst estimates. Along with that news, the company announced the Red Hat Enterprise Virtualization 3.4 Beta, which builds on the recent Red Hat Enterprise Virtualization 3.3 release, and aims to automate enterprise virtualization tasks while providing integration with OpenStack.

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