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

NAICS Code Software Publishers: 511210

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

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