BNET Industries

Red Hat Inc.

(RHAT) is in the Technology Industry

Last Fiscal Year Sales:$523.0M

Public
US

Dow Jones Description

We are a global leader in providing open source software solutions to the enterprise, including our core enterprise operating system platform, Red Hat Enterprise Linux and enterprise middleware platform, JBoss Enterprise Middleware and other Red Hat enterprise technologies. Open source software is an alternative to proprietary software and represents a different model for the development and licensing of commercial software code than that typically used for proprietary software. Because open source software code is freely shared, there are customarily no licensing fees for the distribution of the open source software. Therefore, we do not recognize revenue from the licensing of the code itself. We provide value to our customers through the aggregation, integration, testing, certification, delivery, maintenance and support of our Red Hat enterprise technologies, and by providing a level of scalability, stability and accountability for the enterprise technologies we package and distribute. Moreover, because communities of developers not employed by us assist with the creation of our open source offerings, opportunities for further innovation of our offerings are supplemented by these communities. We sell our enterprise technologies through subscriptions, and we recognize revenue over the period of the subscription agreements with our customers. ...

Number of Employees 2,800

Contact Information

1801 Varsity Dr

Raleigh, North Carolina 27606-2072

redhatonintel.c...

(919) 754-3700

Peer Companies

NAICS Code Software Publishers: 511210

Company News

Recent Events

Red Hat Finally Puts ...

12/16/09 - Financial Announcement - View Story
A look at Linux in the recession: Linux 2009 year in review

12/15/09 - Product Announcement - View Story
Novell To Report Q4 Results: Earnings Preview

12/03/09 - Bond / Stock Rating - View Story
Open source as a model for business is elusive

12/02/09 - Financial Announcement - View Story
RIM, Motorola sued over visual voicemail patent

11/24/09 - Legal Settlement - View Story
Google Disappoints: No Chrome Just Yet

11/20/09 - Bond / Stock Rating - View Story
Tip of the hat: Fedora 12 a strong update

11/17/09 - Product Announcement - View Story
Int3s Partners with Red Hat to Power Toronto Hydro's Innovative Smart Meter Program Built on...

11/11/09 - Licensing / Contract - View Story
Goldman Sachs Downgrades Red Hat RHT to Neutral

11/09/09 - Bond / Stock Rating - View Story
Adobe upped, Red Hat cut by Goldman Sachs

11/09/09 - Bond / Stock Rating - View Story
BRIEF-RESEARCH ALERT-Goldman upgrades Adobe to buy

11/09/09 - Bond / Stock Rating - View Story
Red Hat Enterprise Virtualization RHEV

11/06/09 - Product Announcement - View Story
Red Hat Rolls Out Virtualization Platform for Heterogeneous

11/03/09 - Merger / Acquisition - View Story
Greylock raises $575m for investing

11/03/09 - New Investment - View Story
Open Source, OpenWorld

10/30/09 - New Investment - View Story
EnterpriseDB Announces Strategic Investment by Red Hat

10/27/09 - Joint Venture / Alliance - View Story
VMware facing challengers on all sides

10/16/09 - Joint Venture / Alliance - View Story

News & Analysis

class action and red hat inc. - All News and Analysis

Scott + Scott, LLC Announces Class Action Lawsuit Against Red Hat, Inc. and Certain of its Officers

- 2004-08-26

COLCHESTER, Conn. -- Scott + Scott, LLC (RedHatSecuritiesLitigation@scott-scott.com or nrothstein@scott-scott.com) has filed a class action lawsuit in the United States District Court for the Eastern District of North Carolina against Red Hat, Inc. ("Red Hat" or the "Company") (Nasdaq:RHAT), Matthew Szulik, Kevin B. Thompson and Timothy J. Buckley, on behalf...

Tags: class action, Red Hat Inc.
Milberg Weiss Announces The Filing Of A Class Action Suit on Behalf of Purchasers of the Securities of Red Hat Inc

- 2004-07-15

NEW YORK -- The law firm of Milberg Weiss Bershad & Schulman LLP announces that today a class action lawsuit was filed on behalf of all persons who purchased or otherwise acquired the securities of Red Hat, Inc. ("Red Hat" or the "Company") (NasdaqNM: RHAT) between December 19, 2003 and...

Tags: class action, class action suit, Red Hat Inc., security
Lerach Coughlin Stoia & Robbins LLP Files Class Action Suit against Red Hat, Inc

- 2004-07-15

SAN DIEGO -- Lerach Coughlin Stoia & Robbins LLP (http://www.lcsr.com/cases/redhat/) today announced that a class action has been commenced in the United States District Court for the Eastern District of North Carolina on behalf of purchasers of Red Hat, Inc. ("Red Hat") (NASDAQ:RHAT) publicly traded securities during the period between...

Tags: class action, class action suit, Red Hat Inc.
Law Offices of Brian M. Felgoise, P.C. Announces Class Action Lawsuit Against Red Hat, Inc. -- RHAT

- 2004-07-15

Law Offices of Brian M. Felgoise, P.C. announces that a securities class action has been commenced on behalf of shareholders who acquired Red Hat, Inc. (NASDAQ: RHAT) securities between June 19, 2001 and July 13, 2004, inclusive the Class Period.

Tags: class action, Red Hat Inc.
Chitwood & Harley LLP Files Class Action Complaint Charging Red Hat, Inc. And Certain Of Its Officers With Securities Fraud

- 2004-07-14

ATLANTA -- Chitwood & Harley LLP announces that it has filed a securities fraud class action complaint in the United States District Court for the Eastern District of North Carolina, Western Division, against Red Hat, Inc. ("Red Hat" or the "Company") (NASDAQ:RHAT), Matthew J. Szulik, Kevin B. Thompson, Timothy J....

Tags: class action, Red Hat Inc., security