Red Hat has announced the Virtual Storage Appliance for Amazon Web Services (AWS), which can take advantage of Amazon's cloud while at the same time offering excellent performance, the company said on Tuesday.

Red Hat has released the third version of its Red Hat Enterprise Virtualization RHEV virtualization software package, which includes improvements that would make it suitable for larger deployments, and a new console for self-provisioning.

Former Red Hat president of global sales, Alex Pinchev, to helm disaster recovery and data protection solutions vendor

Open-source BI (business intelligence) vendor Jaspersoft wants its software to become another arrow in the quiver for developers using commercial PaaS (platform-as-a-service) offerings.

Next year, if all goes according to plan, Red Hat will become the first open source software company to generate more than US$1 billion a year in revenue. It will be a watershed moment for the open source community, who have long seen their approach of community-based development as a viable, even superior, alternative to traditional notions of how software should be written.

Confidence in the tech sector appears to be recovering on strong results from Tibco and Red Hat and optimism about the economy, after sinking earlier this week in the wake of a disappointing report from Oracle.

Buoyed by strong subscription revenue, open-source software company Red Hat reported on Monday strong net income and revenue gains for the third quarter of its fiscal year 2012.

The world of hypervisors is complicated by the fact that there are proprietary and open source tools and the latter are often pressed into service in different ways, say nothing of the fact that the whole market is evolving quickly.

Coming up with a great technology product or service is only half the battle these days. Creating a name for said product that is at once cool but not too cool or exclusionary, marketable to both early adopters and a broader audience, and, of course, isn't already in use and protected by various trademarks and copyright laws is difficult--to say the least.

The sprawl of management consoles, the proliferation of data they provide and the rising use of virtualization are adding challenges to corporations looking to more effectively manage mixed Linux, Windows and cloud environments.