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

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
A scary Q1 for Microsoft could lie behind the Windows 7 hoopla

10/22/09 - Financial Announcement - View Story
Open-source software firms and the cloud (May 28th)

10/15/09 - Merger / Acquisition - View Story
Gear6 Does Memcached Right

10/08/09 - Mgmt. Change Entering - Director - View Story

News & Analysis

operating system and red hat inc. - All News and Analysis

Linux backers near patent deal in bid to protect OS

Strategy Eye - 2009-09-07

A group of Linux backers which includes IBM and Sony is seeking to avert any legal threat from Microsoft that might discourage the adoption of the Linux operating system by acquiring a set of patents formerly owned by the software giant. The Open Invention Network OIN says that the...

Tags: Patent, Operating System, Microsoft Corp., Open Invention Network, Linux, Operating Systems, Software, The Linux Foundation, Allied Security Trust, Sarah Vizard, IBM Corp., NEC Corp., Philips Electronics N.V., Red Hat Inc., Sony Corp.
Microsoft and Red Hat unite against VMware

Strategy Eye - 2009-02-23

Microsoft and Red Hat are providing technical support for each other’s operating systems in an attempt to see off virtualisation competitor VMware. The deal sees the two companies effectively guaranteeing that each other’s operating systems will run in their own virtualisation software. ...

Tags: Red Hat Inc., Operating System, VMware Inc., Microsoft Corp., Virtualisation Software Revenue, Virtualization, Cloud Computing, Storage Management, Utility Computing, Open Source, Hardware, Storage, Jasper Jackson, Novell Inc.
Red Hat Names Brian Stevens CTO; Former VP of Operating System, Storage and Clustering Team for Red Hat Now to Lead Emerging Technologies Team

- 2005-10-11

RALEIGH, N.C. -- Red Hat, Inc. (NASDAQ: RHAT), the world's leading provider of open source to the enterprise, today announced the appointment of Brian Stevens to Chief Technology Officer CTO and Vice President of Engineering. Stevens, formerly vice president of Operating System, Storage and Clustering Development for Red Hat, has...

Tags: clustering, operating system, Red Hat Inc., storage
SAS Sets New Standards on 64-Bit BI Support; Adds Red Hat Enterprise Linux 3.0 on Itanium; SAS® BI Continues to Provide Widest Choice of Operating Systems and Hardware

- 2005-07-11

CARY, N.C. -- SASR Enterprise BI Server, one of the first major enterprise business intelligence solutions released capable of operating on a 64-bit architecture, continues to offer the widest choice of operating systems and hardware by any BI vendor for companies looking for a flexible deployment environment that is able...

Tags: 64-bit, business intelligence, hardware, operating system, Red Hat Enterprise Linux, Red Hat Inc., SAS Institute
Raleigh, N.C.-Based Software Distributor Red Hat Partners to Expand Linux OS.

- 2004-02-24

By Vicki Lee Parker, The News & Observer, Raleigh, N.C. Knight Ridder/Tribune Business News By Vicki Lee Parker, The News & Observer, Raleigh, N.C. Knight Ridder/Tribune Business News

Tags: Linux, operating system, Red Hat Inc.