hzs202's Journal: Red Hat & MS's Big Plans For India

The following story was rejected by Slashdot however, some of you may be interested.

Red Hat, Inc. recently gained full control of its Indian venture. Red Hat bought the remaining 40 percent from its local partner for an undisclosed sum. As stated by Reuters, Red Hat aims to invest $20 million in India over the next several years according to Charlie Peters (Red Hat, CFO). Ironically, this announcment came the same day as Bill Gates (Microsoft, Chairman) announced plans to invest $1.7 billion in India.