Red Hat and Novell are two pioneer companies who have made money from open-source. Novell with its Suse Linux distribution has received an offer from Elliot Associates to buy its stock for $5.75 per stock, a total of $1 billion dollars. Novell shares closed today at $4.75. After hours trading are above $6.
Meanwhile, Redhat’s market capitalization is at $5 billion. This is more than enough proof that companies can make money from free, open-source products.