Oracle to have its Linux version

That is a really surprising news to me. Oracle being a database vendor is going to have it own version of Linux. According to the news sources, Oracle is going to have its version from the Red Hat Linux binaries.

Oracle, the giant database company, says it's now going to take Red Hat's software, remove the logos, and sell it for a lower price. And it will keep doing it:

After this news, the stock prices of Red hat has come down. But from the Red Hat Linux side,
they commented that this move from oracle is good for the open source community as a whole.

For more reading, use the below links
http://www.internetnews.com/bus-news/article.php/3640331
http://news.zdnet.com/2100-3513_22-6130071.html

sijith