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RedHat revenue up, changes CEO

Redhat had a great quarter with total quarter revenue increase of 28% year over year. Worth noting is that Redhat's first latin-american deal with a value over 1 million dollars came from a company upgrading from CentOS to RHEL.

But the most significant news might be Matthew Szulic's resignation for personal reasons after more than 9 years at the company. The new CEO Jim Whitehurst comes from Delta Airlines, a totally different economic environment, making some fear for Redhat's future.

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