Red Hat revenue growth. The importance of Eclipse Galileo. And more.

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“Tracking the open source news wires, so you don’t have to.”

# Red Hat reported Q1 net income of $18.5m on revenue up 11% to $174m.

# Eclipse released Galileo, comprising 33 projects and over 24 million lines of code, while Glyn Moody explained why Eclipse is important for the wider open source world.

# Zend revealed that IBM will ship Zend’s solution for PHP in every IBM Smart Business system.

# Zenoss hired former CEO of FiveRuns, Olivier Thierry, as CMO.

# Marketcetera’s open source trading platform is available as a service on NYSE Technologies’ SFTI network.

# Infobright and Pentaho teamed up with Sun for BI/DW/storage bundle.

# Intel and Nokia partnership includes Linux focus.

# Matt Asay asked whether Oracle’s Linux strategy be Ubuntu.

# TWIKI.NET named Jitendra Kavathekar as president and CEO.

# TechWorld: Kaspersky Lab released anti-virus for Linux beta.

# Sourcefire announced new virtual appliances with the new Virtual 3D Sensor and Virtual Defense Center.

# FOSSbazaar: Open Source Governance in a small to medium size company.

# Interesting conversation on LucidDB’s future given the imminent demise of LucidEra.

# Gear6 released a new version of its Web Cache, with support for multi-tenancy, enabling cloud providers to offer Memcached as a service.

# Nortel expanded its Software Communication System, based on the SIPfoundry sipXecs IP PBX initiative.

# Open Kernel Labs created a mobile Virtualization Integration Practice (VIP).

# Bluenog announced plans to contribute back the open source enhancements developed in ICE 4.5.

# ObjectsOnClouds.org a new open source cloud computing project from Japan, launched.