Mark Shuttleworth :
My own view is that Red Hat will continue to do well in the specific areas that they have targeted – they are extremely well established in the high-availability enterprise Linux server market, and it will take some years before Ubuntu can make the same claim.
It’s true that competition with Red Hat and Novell is part of what energises the Ubuntu team – we strive to produce something that is cleaner, crisper, faster and better engineered than the alternatives that are out there, and we value the bar that they set. But our primary competition is ourselves – we set extremely standards for our own team, and we aim to beat that with every release.
So, Red Hat will I think retain a place in the world. Given that their balance sheet is almost as strong as (ours), I would expect them to be around for some time😉 .
Another article : Why Red Hat will NOT go bust because of Ubuntu
This is a follow up on this story.