Tag Archives: press

Red Hat Announces Sales Records and Acquisition of French Cloud Company eNovance

Wednesday Red Hat announced first quarter results posting a 17 percent increase in revenue. According to the press release, “Our strong start to FY15 is a direct result of our ability to consistently deliver meaningful value to enterprise customers,” stated Jim Whitehurst, President and Chief Executive Officer of Red Hat.… Continue reading

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The Real EIG HostGator Deal Valuation

September 26, 2013 — This is the second time in a month I have written about the press being far off on deal estimates and valuations. Last year, the media reported that Endurance International Group (EIG) purchased HostGator for $225 million. At that time I wrote a blog stating my numbers were at least 20 percent greater, adding some $50 million. Keep on reading: The Real EIG HostGator Deal Valuation Continue reading

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