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Day in Tech History: Red Hat Goes Public
(http://vid.geekazine.com/dith/uploads/2013/08/red-hat1.jpg)August 11, 1999: Redhat files IPO
Red Hat (http://www.geekazine.com/tag/red-hat) is a Linux distribution and a vendor. They are on the S&P 500 company list for it. Founded in 1993, this company has provided a more professional type of open source software – giving pay support and Enterprise editions for IT pros. CEO Bob Young brought the company to this point. They filed for IPO in 1999. It turned out to be one of the largest Wall Street Gains in history. They put up 900,000 shares of common stock. Red Hat spiked at $136 a share, but is currently at $57
Also, Palm released the Palm (http://www.geekazine.com/tag/palm)VIIx and Vx handheld computers. VIIx was $449 and the Vx was $399.
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* BD-ROM is Finalized* Yahoo (http://www.geekazine.com/tag/yahoo)and Alibaba.com* Hypercard is Introduced by Apple (http://www.geekazine.com/tag/apple).
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(http://vid.geekazine.com/dith/uploads/2013/08/red-hat1.jpg)August 11, 1999: Redhat files IPO
Red Hat (http://www.geekazine.com/tag/red-hat) is a Linux distribution and a vendor. They are on the S&P 500 company list for it. Founded in 1993, this company has provided a more professional type of open source software – giving pay support and Enterprise editions for IT pros. CEO Bob Young brought the company to this point. They filed for IPO in 1999. It turned out to be one of the largest Wall Street Gains in history. They put up 900,000 shares of common stock. Red Hat spiked at $136 a share, but is currently at $57
Also, Palm released the Palm (http://www.geekazine.com/tag/palm)VIIx and Vx handheld computers. VIIx was $449 and the Vx was $399.
Subcribe to Day In Tech History:
RSS Feed (http://www.dayintechhistory.com/feed/podcast) - iTunes (https://itunes.apple.com/us/podcast/day-in-tech-history/id327099657) - Google Play (https://goo.gl/app/playmusic?ibi=com.google.PlayMusic&isi=691797987&ius=googleplaymusic&link=https://play.google.com/music/m/Iz4h5tnpyty3omnj2ocsmbwebdm?t%3DDay_in_Tech_History) Twitter (http://twitter.com/dayintechhist) - Facebook (http://Facebook.com/dayintechhistory)
- RSS Bandwidth by Cachefly (http://www.cachefly.com/) Get a 14 Day Trial
Be a Part of the Sconnie Geek Nation! (http://patreon.com/geekazine)
In Wisconsin, friends are called "Sconnies". Even if you're not from Wisconsin, you can be part of the Sconnie Geek Nation through my coverage! By pledging, you join the Geek Sconnie Nation! Plus, you help me cover costs so I can continue the coverage of Gadget tech, music tech, and geek culture through the shows.
* BD-ROM is Finalized* Yahoo (http://www.geekazine.com/tag/yahoo)and Alibaba.com* Hypercard is Introduced by Apple (http://www.geekazine.com/tag/apple).