Bonum Certa Men Certa

Red Hat's Market Cap Tops $7 Billion Today, Novell Only at $2 Billion

Red Hat vs Novell



Summary: Novell is getting smaller and smaller while Red Hat expands, partly at Novell's expense

ONE difference between Novell and Red Hat is that Novell is up for sale, Red Hat is not. Red Hat is now worth more -- not almost -- 3.5 times the worth of Novell, despite the fact that Novell sells a lot of proprietary software, even in Fog Computing (unlike Red Hat). To state the figure we see at this moment, Red Hat's stock is at $37.19, which puts its market cap at just over $7 billion (compared to Novell's mere $2 billion). See recent financial coverage [1, 2] and belated coverage about the poor results from Novell.



“Novell's value will most likely continue to erode as it waits longer and sits tight while its proprietary legacy dies.”Novell's latest proprietary software promotion and Fog Computing nonsense (also proprietary in Novell's case) shows reluctance to change. The PR team is foolishly urging Novell customers to lose control of business data, not just program data. Are they bound to be so dangerously gullible?

Google announced the freeing of Wave last week [1, 2] and Novell promotes this only in the context of proprietary software, namely GroupWise.

The 'Microsoft press' and Gartner are advertising Microsoft Exchange/Outlook at IBM's and Novell's (GroupWise) expense. How nice. How utterly dishonest. GroupWise support gets promoted in some other contexts [1, 2].

Novell's value will most likely continue to erode as it waits longer and sits tight while its proprietary legacy dies. Novell may be sold shortly. According to this new press release, former staff of Novell came through an acquisition, but Novell has not made any acquisitions for a very long time. In fact, it looks at being acquired.

As vice president for EMEA, he actively contributed to a successful IPO and impressive revenue growth before its acquisition by Novell /quotes/comstock/15*!novl/quotes/nls/novl (NOVL 5.81, -0.03, -0.51%) in 2002.


Novell's days are numbered, its legacy will stay. It probably won't be long before Red Hat can just afford to buy Novell without it hurting the wallet (not that Red Hat should do this, instead it should diffuse its patents urgently).

Recent Techrights' Posts

Rust People: Drain the Swap, You're Holding It Wrong
Does Rust make sense?
Slopwatch: LinuxSecurity, linuxconfig.org, and Plagiarised Phoronix
Many articles out there are nowadays fake
European Patent Office Illegally Gutting and Outsourcing Its Functions, Acting Like an Above-the-Law Commercial Business (It Won't Stop at Formalities Officers (FOs) and Classification Slop at the EPO)
breaking/violating laws and conventions
Links 19/09/2025: Lobbyist of American GAFAM Becomes Data Protection Commissioner in Europe
Links for the day
 
Links 20/09/2025: Internet Shutdowns, Media Censorship, and Climate Worries
Links for the day
About 700 New Gemini Capsules in 13 Months (or 54 Per Month)
4.8K would represent a 20% increase
Techrights the Name Turns 15
About 6 weeks from now we turn 19
Microsoft is Running Out of Time and Floating Fake Figures, Fake Projects, Fake Narratives, Fake Excuses
Also, a lot of Microsoft's "revenue" claims are circular financing (i.e. Microsoft buying from itself, which means Ponzi-like fraud)
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Friday, September 19, 2025
IRC logs for Friday, September 19, 2025
Gemini Links 20/09/2025: Navigating the Pressures of Modern Life and SpellBinding Accidentally Wrote Another Gemini Server
Links for the day
Links 19/09/2025: Press Freedom Dying in US, Anti-Austerity Strikes in France, and Alan Rusbridger to Leave 'Prospect'
Links for the day
Offloading to the Sister Site
In the interest of not overwhelming readers
Links 19/09/2025: Coffee Club and "SpellBinding is Now Absurdly Fast"
Links for the day
Links 19/09/2025: Media Freedom Ceases to Exist in US, "Consider Dropping Twitter/X"
Links for the day
Gemini Links 19/09/2025: Thinking and Insect Bites
Links for the day
Microsoft E.E.E.: Git Will Now (or Very Soon) Fully Depend on Rust, Which is Controlled by Microsoft
Microsoft now makes Git dependent on Rust, or making Git dependent on GitHub, which is proprietary
The Right to Punch People (Apparently)
At Brett Wilson, Brett's job title is "Head of Crime" and Wilson normalises calls for violence
Slop or Fake Articles Have Turned Linux Journal From a Pioneering/Trailblazing "Linux" Magazine Into a Nuisance
some sites with former reputation - good reputation - turn into cesspools
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Thursday, September 18, 2025
IRC logs for Thursday, September 18, 2025
Brett Wilson LLP Seem to Have Had Only One Litigation Client in 2025, He Was Previously Charged, Just Like the Serial Strangler From Microsoft (Whom They Now Represent)
Karma is superstition, regulators are not
Project 2030 to Cover How "Project 2025"-Styled Anti-Media Zealots From America Targeted Techrights and Tux Machines
The common denominator is also their attacks on women
Brett Wilson LLP Failed to Meet Deadlines Set by Judge 7 Months Earlier, Tried to Ruin Our Holiday, Then Had the Audacity to Ask Us for Over 3,000 Pounds for Its Own Lateness
As a matter of principle we will never respond to assassin while we are on holiday
On Claims That After Bluewashing Red Hat Will Increasingly Become an Indian Company
Discussed this week (long and detailed)
Americans Attacking British Sites Only Months After They Leave America
We find it kind of funny if not ironic that this site, originally an American site, got legal harassment only from Americans and only months after it had moved to the UK
Despite Losing Over a Quarter Million Dollars a Year Software in the Public Interest (SPI) Gives Helping Hand to Libreboot
SPI's financial state depends a lot on its public image or its reputation
Slopwatch: Google Helps Plagiarism and Sends Traffic to Ripoff Artists
That Google as a company helps spamfarms is noteworthy
If You Want to Know the Future, Listen to the Free Software Foundation (FSF) and Andy Farnell
We're sure the FSF will have plenty of its own output
Links 18/09/2025: A Taliban Ban on Internet Access and Troubled US Job Market
Links for the day
Gemini Links 18/09/2025: Computer Literacy and Accessing Alhena's Database
Links for the day
Links 18/09/2025: US War on Media (Truth Banned, Cancel Culture by the Hard Right), NYT Chief Executive Warns Cheeto is Deploying ‘Anti-press Playbook'
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Wednesday, September 17, 2025
IRC logs for Wednesday, September 17, 2025