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Redhat bought Tapia's stake in RedHat India

2 posts · originally from https://geek.digit.in/community/threads/redhat-bought-tapias-stake-in-redhat-india.23452/

praka123
praka123 Original post #1
Feb 9, 2006 at 8:36 AM
Red Hat, provider of enterprise open source solutions, announced that it has fully acquired its joint venture in India. The JV was established in 2000 by Javed Tapia.
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... Linux vendor Red Hat is stepping up its efforts in the potentially huge India market by buying out its joint-venture partner, earmarking an investment of $20 million in the next two to three years, doubling its Pune-based research staff, and signing a memorandum of understanding (MOU) with an official body to work jointly at modernizing the Indian educational system...
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desertwind
desertwind #2
Feb 9, 2006 at 11:22 AM
GNU/Linux is a serious business (~Rs. 200 Crore, read it somewhere). More and More players are into the arena. MS face a serious threat here in India too.