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

statCounter: New Record Highs for GNU/Linux in Its Birthplace
So Microsoft is in a tough place
Links 02/02/2025: Website Revamps, Blogging About Blogging, and Self-Harming Tariff Wars (Higher Prices)
Links for the day
 
statCounter's Numbers Make Sense Given Microsoft's Falling Windows/Client Revenue
There are already articles (some last week) saying that XBox should just be ended
About 1 in 10 Laptops/Desktops in Venezuela and Cuba Uses GNU/Linux
statCounter says GNU/Linux now exceeds 10% in Cuba
At Microsoft, Promoting Back Doors, Proprietary Lock-in and Mass Surveillance Under the Guise of Diversity ("Microsoft Philanthropy Team")
Microsoft staff enters NGOs to lobby for Microsoft and sell for Microsoft
statCounter: Android Share in Operating Systems, Per Country
Towards the bottom there are poorer countries
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Sunday, February 02, 2025
IRC logs for Sunday, February 02, 2025
Copyleft is the Way to Go (Unless You're an Unpaid Volunteer of GAFAM)
The GPL 'family' of licences is very old and those licences were last revised in 2007
statCounter: In Canada, New Lows for Windows and Bing is Perishing
Windows has fallen to about 60% in desktops/laptops
Yandex Has Nearly Caught Up With Microsoft Internationally, Bing Falls to Pre-LLM Hype Levels
Of course we've been saying all along that this would happen
Germany's 'Share' of GNU/Linux Rises to All-Time High Based on This Surveyor
Many public services have made the move to GNU/Linux
Microsoft Uses the Mindset of Drug Dealers and Pays 'News' Sites to Sell 'Drugs'
Microsoft pays publishers to spread the illusion that the only viable option for developers and non-developers is "drugs" like Visual Studio and Microsoft Office, respectively
Windows Going South in the "Global South" (Africa and More)
Microsoft has long been shameless about using the tactics of drug dealers
Sharp Drop for Microsoft Windows This Month, Based on statCounter
Facebook meanwhile censors GNU/Linux advocacy
3 Months Ago Lupa Saw 4,200+ Unique Gemini Capsules; Now It Sees Nearly 4,400
many bots target our capsule (129,152 Gemini requests yesterday alone)
Gemini Links 02/02/2025: Geminispace Targeted by Chatbots, Gabbro 0.1.1 Released
Links for the day
Oracle's Debt Soars to 100 Billion Dollars (12 Billion Added in Just 9 Months!) While Larry Ellison Backs Fascism for Bailouts, Graft, and "Contracts"
Including attempts to gain control of TikTok, owing to the corrupt dictator long promoted by Larry Ellison (also via Twitter takeover)
Links 02/02/2025: Union-Busting and Censorship by Executions
Links for the day
Gemini Links 02/02/2025: Limits Pushing, Free Software Absolutism, and Why Gemini Matters
Links for the day
Slopwatch: BetaNews and linuxsecurity.com Have Just Published More Fake 'Articles' About "Linux"
There's probably more "Linux" slop out there, but we do our best to identify it on a daily basis
Richard Stallman Has Another Talk in India Tomorrow, at Least Fourth India Talks in Recent Days
In the past month he has given at least half a dozen talks
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Saturday, February 01, 2025
IRC logs for Saturday, February 01, 2025
Links 01/02/2025: Chinese and American Censorship, Cloud-[sic]Native Targeted by Software Patents
Links for the day
Links 01/02/2025: Belated Happy New Year 2025 and Gabbro 0.1.2
Links for the day
Hiring for Tech Roles Based on Perceived Loyalty is No Better Than Hiring to Meet Diversity Quotas
What we're seeing right now is a national security disaster and it is almost purely about technology
S.E.O. SPAM by Serial Sloppers With L.L.M. Garbage is Hurting Linux
We continue to run Slopwatch
Links 01/02/2025: Administrative Chaos and Aviation Disasters Persist
Links for the day
Arrested: Albanian Outreachy whistleblowers, Sonny Piers GNOME & Debian connections
Reprinted with permission from Daniel Pocock
Links 1/2/2025: LLM Hype Revisited, Linuxwashing by Oumi
Links for the day
Growing Evidence That the Patent Industry Has Become a Major Scam
Seeing that the patent "industry" has turned to serious crimes (sometimes to cover up corruption) and seeing that the net negative is clearer for all to see, people who argue for abolition of all patents will have a field day
IBM Says That Half of Its "Assets" is Basically Pure Fiction ("Goodwill")
It times get tough, IBM can sell "Goodwill" at the local pawn shop and pay back the lenders, right?
Planet Ubuntu Overrun by LLM Slop? Faizul "Piju" 9M2PJU Seems to be Publishing Fake Articles About "Linux"...
Maybe it is "assisted" by LLM slop, but slop is slop and it introduces many problems
Gemini Links 01/02/2025: LLMs, Analog Computer, and BorgBackup
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Friday, January 31, 2025
IRC logs for Friday, January 31, 2025