Red Hat (RHT +3.9%) is still up strongly after posting solid FQ2 results (I, II), and raising...

|About: Red Hat, Inc. (RHT)|By:, SA News Editor

Red Hat (RHT +3.9%) is still up strongly after posting solid FQ2 results (I, II), and raising its FQ3 and FY12 revenue forecasts. CEO Jim Whitehurst boasts Red Hat's Linux OS is a popular choice for cloud server deployments, and declares Microsoft's (MSFT) cloud offerings to be late to the game. (transcript)