Michael Dell Comments on Red Hat Investment
May 20, 2005 Leave a comment
Looks like Michael Dell has commented on the Red Hat investment I blogged about a little while back. From the article:
Dell played down the investment, however, saying that while he meets with MSD's management once every couple of months, he is not personally involved in its investment choices. “I didn't know they had made this investment,” he said. “That's not the sort of thing we talk about.”
That news sure hasn't slowed down the stock, which has gone up considerably in the last week. Whether or not he knew about the deal before hand, I still see the investment as an affirmation of the business potential that Linux holds. As I mentioned earlier, I thought the acquisition rumors were a bit far fetched anyway. This is still good news.