Red Hat to Become First Ever Billion Dollar Open Source Company in 2011

This is exactly why Red Hat is one among the most remarkable open source success stories that are changing the world as we know it. According to Forbes, when you consider the current rate of growth of the company, Red Hat will likely reach $1 billion in annual revenue in 2011 itself making it the first ever open source firm to achieve this feat.

Read more at Tech Drive-in