AOL not bidding for Red Hat

Thanks SimonHi & Steve for the heads up :)

Following on from the story we posted here about reports that the media giant [AOL] was near to cutting a deal with Red Hat in a competitive strike against Microsoft were wrong.

According to Cnet, sources familiar with the situation emphatically insisted,

"the two companies are not near an acquisition deal, nor have they discussed one. Representatives for AOL Time Warner, Durham, N.C.-based Red Hat and Microsoft declined to comment. Still, even if the two companies are not considering a merger, AOL Timer Warner could license Red Hat for use on PCs or other devices for use with its online service. The AOL service currently is available only for Windows and the Macintosh, although the Netscape supports Linux.

News source: Cnet

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