BNET Industries
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
(919) 754-3700
Peer Companies
NAICS Code Software Publishers: 511210
Recent Events
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Open Source as a Model for Business Is Elusive
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RIM, Motorola sued over visual voicemail patent
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Google Disappoints: No Chrome Just Yet
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Tip of the hat: Fedora 12 a strong update
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Int3s Partners with Red Hat to Power Toronto Hydro's Innovative Smart Meter Program Built on...
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Goldman Sachs Downgrades Red Hat RHT to Neutral
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Adobe upped, Red Hat cut by Goldman Sachs
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BRIEF-RESEARCH ALERT-Goldman upgrades Adobe to buy
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Red Hat Enterprise Virtualization RHEV
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Red Hat Rolls Out Virtualization Platform for Heterogeneous
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Greylock raises $575m for investing
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Open Source, OpenWorld
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EnterpriseDB Announces Strategic Investment by Red Hat
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VMware facing challengers on all sides
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A scary Q1 for Microsoft could lie behind the Windows 7 hoopla
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Open-source software firms and the cloud (May 28th)
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Gear6 Does Memcached Right
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Microsoft and Red Hat reveal first fruits of collaboration
News & Analysis
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finance and red hat inc. - All News and Analysis
Black Duck Software raises USD9.5m
Open-source software shipping specialist Black Duck Software has raised USD9.5m in its fourth funding round. USD4.5m in venture debt financing came from Gold Hill Capital in addition to USD5m in equity investment from current stakeholders General Catalyst Partners, Fidelity Ventures, Flagship Ventures, Focus Ventures, Intel Capital, SAP Ventures and...
Red Hat, Inc. F3Q09 (Qtr End 11/30/08) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of Mark Murphy – Piper Jaffray Mark Murphy – Piper Jaffray If you look several years into the future where you do see JBoss going as a percentage of revenue. Do you think that that will...
Italian Ministry of Economics and Finance Powers Mission-Critical Applications with Red Hat Solutions
Government Institution Selects Red Hat Enterprise Linux for Reliability and Performance
U.S. Hot Stock Highlights! April 11, 2006.
M2 PRESSWIRE-11 April 2006-Wall Street News Alert: U.S. Hot Stock Highlights! April 11, 2006C1994-2006 M2 COMMUNICATIONS LTD RDATE:11042006 Weston, FLA. - Wall Street News Alert's "stocks to watch" this morning are: Material Technologies Inc (OTCBB: MTNA), VeriFone Holdings, Inc. (NYSE: PAY),...
Stock Watch: WillyWizard adds (Nasdaq: CREE) Cree Inc, (Nasdaq: CIEN) CIENA Corporation (Nasdaq: RHAT) Red Hat Inc. to W.W. Rolling Stocks. For further information go to WillyWizard.com.
M2 PRESSWIRE-21 March 2005-WillyWizard.com: Stock Watch: WillyWizard adds (Nasdaq: CREE) Cree Inc, (Nasdaq: CIEN) CIENA Corporation (Nasdaq: RHAT) Red Hat Inc. to W.W. Rolling Stocks. For further information go to WillyWizard.comC1994-2005 M2 COMMUNICATIONS LTD RDATE:21032005 (Nasdaq: CREE) Cree Inc. develops,...
Post-Enron era produces a lot of earnings restatements among companies.
By David Ranii, The News & Observer, Raleigh, N.C. Knight Ridder/Tribune Business News Aug. 18--The post-Enron era has produced a wave of earnings restatements in which companies erase previously reported financial results and produce revised -- and usually worse -- numbers. ...
Today's Stock Movers of Note.
M2 PRESSWIRE-23 March 2004-StreetInsider.com Inc.: Today's Stock Movers of NoteC1994-2004 M2 COMMUNICATIONS LTD RDATE:03232004 Today's Stock Movers of Note 03/23: Red Hat (NASDAQ: RHAT), IBM (NYSE: IBM), Cisco Systems (Nasdaq: CSCO), Openwave Systems (Nasdaq: OPWV), Nextel Communications (Nasdaq: NXTL) ...
Shareholder class actions after the crash: statistical and case evidence on the effect of the private securities litigation reform act.
This paper provides evidence that the Private Securities Litigation Act had no immediate effect on the filing of shareholder class actions, but that, paradoxically, the number of class actions filed as a nearly automatic response to large share price declines increased starting in 2000. Two case...
Double Digit Price Moves.
VANCOUVER, BRITISH COLUMBIA, NOVEMBER 28, 2001 Among the wide range of North American stocks available to EquityAlert.com's news alert subscribers, a FREE service available at www.equityalert.com was Red Hat, Inc. (NASDAQ: RHAT) announced Tuesday it will collaborate with International Business Machines (NYSE: IBM)...
Red Hat Promotes Kevin Thompson to Chief Financial Officer; Vice President of Operations and Industry Veteran Takes Charge of Global Operations and Finance
Business/Technology Editors
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