- Aug 17, 2017
When you turn 30, you're not a kid anymore. For some of us, 30 is a traumatic birthday. For Red Hat, which turned on March 27, it was a cause for celebration. From a business that got started in one of its co-founder's wife's sewing room, it became the first billion-dollar pure-play open-source company and then the engine driving IBM. Sure, today, the tech world is dominated by Linux and open source software, but in 1993, Linux was merely an obscure operating system known only to enthusiasts. Red Hat played a significant role in transforming the "just a hobby" operating system into today's major IT powerhouse. Red Hat co-founder Bob Young, who previously ran a rental typewriter business, was one of those who became intrigued by Linux. In 1993, he established ACC Corporation, a catalog company that distributed Slackware Linux CDs and open-source software.