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Red Hat Inc (RHT.N), the world's largest commercial distributor of the Linux operating system, reported a 13 percent rise in quarterly revenue, helped by higher demand for open-source software and cloud offerings.The company's net income rose to $51.4 million, or 28 cents per share, in the second quarter ended Aug. 31, from $46.8 million, or 25 cents per share, a year earlier.Revenue rose to $504.1 million from $445.9 million. (Reporting by Abhirup Roy in Bengaluru; Editing by Sriraj Kalluvila)
Read more http://feeds.reuters.com/~r/reuters/technologyNews/~3/k26iF-rFQwE/story01.htm
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