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Red Hat Sees Half Of Sales Outside U.S. In A Year! - 10/26/2004 9:50:42 AM   
LinuxMarshall

 

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FRANKFURT, Germany (Reuters) - U.S.-based Red Hat Inc., the world's top distributor of open-source Linux software, expects its international business to increase to half its sales within 12 months, an executive said on Tuesday.

Demand for the Linux operating system is gathering pace as it becomes better understood outside its core market of computer enthusiasts, helped by the active promotion of many European governments, Red Hat's European marketing director told Reuters.

The company's sales outside the U.S. are now above 40 percent, Paul Salazar said, up from 31 percent in its fiscal year to February.

"It's a ball that's rolling and gathering more and more steam," he said in an interview at the LinuxWorld trade fair in Frankfurt.

One of Red Hat's senior Asian executives said last year that the company aimed to raise its non-U.S. revenues to 50 percent of the total in three to five years. Salazar's forecast appears to be at the low end of that timetable.

"Within 12 months we should be at 50 percent of company revenues," Salazar said, adding that non-U.S. business was fairly evenly split between Europe and the Asia-Pacific region.
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Source : Reuters
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