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News > Technology
IBM, Red Hat set pact
January 24, 2000: 9:57 a.m. ET

Red Hat to distribute IBM Java software for Linux-related products
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NEW YORK (CNNfn) - Open source provider
    Red Hat and International Business Machines Corp. disclosed a licensing and distribution agreement Monday for IBM's Java software for Linux components of Internet e-commerce applications.
    Terms of the deal call for Red Hat (RHAT) to license and distribute IBM's (IBM) Java Runtime engine, Java Virtual Machine and the IBM Developer Kit for Linux. Red Hat also will provide technical support for users of IBM's Java Operating Systems (OS) Enterprise Edition.
    Financial terms were not disclosed.
    Java is a programming language for the Internet. Linux is an operating system used by Internet service providers (ISPs) and competes with Sun (SUNW) Solaris and Microsoft's (MSFT) Windows, which holds the majority of market share.
    Red Hat said that, according to analysts at IDC Research, it is the most popular Linux distributor, commanding a 69 percent stake among Linux users.
    IBM shares closed up 2-1/2 Friday at 121-1/2 while Red Hat edged down 3/4 to 114-1/16. Back to top

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.