After Novell's (NOVL) purchase for $2.2B, eyes are on Linux market leader Red Hat (RHT +2.9%) as...

|By:, SA News Editor

After Novell's (NOVL) purchase for $2.2B, eyes are on Linux market leader Red Hat (RHT +2.9%) as another buy-out target. Red Hat shares hit a 52-week high earlier this month to $43.79, and it is making a cloud play. Although its market cap is $8B, if its Enterprise Linux "grows as a preferred cloud enabler, watch out."