Buy Oracle Stock? What of Their Red Hat Takeover?
Rumors of a Red Hat takeover have been circulating since time immemorial. Maybe this time there's some truth to it.
It all began in 2003: Novell buys financially strapped SuSE Linux AG. But their real target even then was Red Hat. Red Hat didn't want to be bought. Comes 2004 and analysts said "Sun, buy Red Hat!" Even better, the rumors in 2005 flew that Microsoft was interested in the Linux distro.
Ever since Oracle set its Unbreakable Linux course in the fall of 2006, speculators have been laying their bets on a Red Hat purchase. At the time, Oracle's CEO Ralph Ellison said in an interview with the Financial Times that his firm was thinking about buying either Novell or Red Hat, but that Red Hat was hardly in their best interests:
"We see in China and India, all that stuff is freely available and Red Hat is just cut completely out of the market. I’m not gong to spend $5bn, or $6bn, for something that can just be so completely wiped off the map. They take all the Red Hat code, have their own equivalent of the Red Hat network, and Red Hat gets zero."
In 2007 the rumor mill again reported that Oracle was to buy Red Hat. In January 2009 analysts came up with an even better plan: Dell should buy Red Hat. And with every speculation Red Hat's stock rapidly rose.
Analysts' assessments at that time maintained that Oracle should wait until Red Hat's stock dips low enough so that it would be easy to snap up. According to a recent ComputerZeitung analyst, that deal is already in the making, although Oracle would probably prefer to wait until IBM's recent talks with Sun resolve themselves, as reported in the WSJ.
The only source of the rumors seems to be U.S. analyst Katherine Egbert of the Jefferies & Co. investment bank. She recently wrote in a Research Note that it would make sense for Oracle to acquire Red Hat. The Boycott Novell people maintain that she "always gets it wrong on Red Hat." We'll see if she hit the jackpot this time.
Mozilla’s product think tank sinks silently into history.
TODO group will focus on open source tools in large-scale environments.
New tool will look like GParted but support a wider range of storage technologies.
New public key pinning feature will help prevent man-in-the-middle attacks.
Carnegie Mellon researchers say 3 million pages could fall down the phishing hole in the next year.
The US government rolls new best-practice rules for protecting SSH.
Klaus Knopper announces the latest version of his iconic Live Linux system.
All websites that use these popular CMS tools could be vulnerable to denial of service attacks if users don't install the updates.
According to a report, many potential victims of the Heartbleed attack have patched their systems, but few have cleaned up the crime scene to protect themselves from the effects of a previous intrusion.
DARPA and NICTA release the code for the ultra-secure microkernel system used in aerial drones.