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

Under the Guise of "MIT Technology Review Insights" the Site MIT Technology Review Posts Corporate Spam as 'Articles'
Some of the articles aren't even articles but 'hit pieces' against Free software and some are paid advertisements
Brett Wilson LLP Has Track Record in Scam Coin Cases (e.g. Craig Wright and More), Now It Works for 'Crypto' Scam Purveyors
But wait, it gets worse
Will Brett Wilson LLP Handle Its Own Winding Up Petition or be Struck Off for Overt Abuse of Process?
Today we sue not only the first Microsofter
Ubuntu Becomes Microsoft GitHub, Based on Decision Made by British Army Officer
You're hopeless, Canonical
Sharing Code and Recipes
It helps explain the triviality of software freedom
How Many Women Has Microsoft's Alex Balabhadra Graveley Already Strangled and Where Does That End?
If you too are a victim of this man and wish to share information, contact us
"We Might Save Somebody's Life"
I follow the example of my father
 
Links 17/07/2025: Science, Hardware, and Censorship
Links for the day
Gemini Links 17/07/2025: Staying in the "Small Web" and Back on ICQ
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Wednesday, July 16, 2025
IRC logs for Wednesday, July 16, 2025
Exclusive: corruption in Tribunals, Greffiers, from protection rackets to cat whisperers
Reprinted with permission from Daniel Pocock
Links 16/07/2025: Chip Bans and Microsoft’s “Digital Escort” Program
Links for the day
Revolving Doors: One Day You're a Judge, the Next Day You're an Attorney Paying Public Officials and Working for Violent and Dangerous Microsoft Employees
how the US justice system works
Slopwatch: Noise, Plagiarism and Even Fear, Uncertainty, Doubt/Fear-mongering/Dramatisation
What are we meant to do to prevent a false association or misleading connotations? Game the LLMs? No. Boycott slopfarms.
Gemini Links 16/07/2025: BaseLibre Numerical System and Simple Web Browsing with TLS
Links for the day
Links 16/07/2025: Fascist Slop Takes "Intelligence" Clothing, New Criminal Case Against MElon
Links for the day
Why I am Suing the Serial Strangler From Microsoft, Alex Balabhadra Graveley, in the UK High Court This Week
Out of respect to the process and to the Court, I shall not share any pertinent details about the case
Links 16/07/2025: China’s Economy Grows Steadily, France Takes Action Regarding Harm to Children by GAFAM and Fentanylware (TikTok)
Links for the day
It is Not About Politics
Beware the people who try to make this about politics
Good Journalism Saves Lives
a shocking number of women die or get seriously hurt every day due to violence from a partner
Recognition of Women's Contributions to Free Software
Being passive is not an option when bad things are happening
Slopfarms Are Going to Perish Because Public Opinion is Changing
Many slopfarms will simply go offline
19 Years of Standing Up for Justice, Equality, and Truth
This week we shall take it up a notch
Gemini Links 16/07/2025: Tmux and OCC25 Working TLS
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Tuesday, July 15, 2025
IRC logs for Tuesday, July 15, 2025
Links 15/07/2025: LLM Pollution and Pushback in Ukraine
Links for the day
Gemini Links 15/07/2025: xkcd, New Cert, and Alhena Gemlog
Links for the day
Links 15/07/2025: Press Freedom at Risk and New Facebook Blunders
Links for the day
Reboots Should Never be Necessary
"BUT WHAT ABOUT SECURITY!!"
There's Still Hope for the World Wide Web
Let's hope that the trajectory of the Web won't be leading us to over-reliance on Google, nor will it reward worthless slopfarms
Gemini Links 15/07/2025: Smolweb and Alhena 5.1.7
Links for the day
The Danes Want GNU/Linux
David Heinemeier Hansson recently moved to GNU/Linux
Cory Doctorow Explains Why Software Freedom Matters, Whereas "Open Source" Misses the Point and Helps Monopolies
It's a very long article
BillPR (EpsteinGate-Bribed NPR) is Turning Into a Partial Slopfarm that Promotes Slop
"I went on a date with a chatbot!"
Two Weeks Passed Since Latest Large Wave of Microsoft Layoffs, More Expected Next Month
Blaming the debt on "AI" is just self-serving storytelling
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Monday, July 14, 2025
IRC logs for Monday, July 14, 2025
Gemini Links 15/07/2025: Gemini "Style Sheets" and Switching From Microsoft GitHub to Codeberg
Links for the day