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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Red Hat Finally Puts ...
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A look at Linux in the recession: Linux 2009 year in review
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Novell To Report Q4 Results: Earnings Preview
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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
News & Analysis
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red hat inc. and stock - All News and Analysis
Red Hat Announces $325 Million Stock and Debenture Repurchase Program
- 2006-10-27
RALEIGH, N.C. -- Red Hat, Inc. (NASDAQ: RHAT), the world's leading provider of open source solutions to the enterprise, today announced that its Board of Directors has authorized a $325 million Stock and Debenture Repurchase Program. Under the program, the Company is authorized to repurchase in aggregate up to $250...
U.S. Hot Stock Highlights! April 11, 2006.
- 2006-04-11
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),...
Zacks.com Announces That Donald Rowe Highlights the Following Stocks: Joy Global, Lawson Software, NetLogic Microsystems, On Assignment and Red Hat
- 2006-04-10
CHICAGO -- Donald Rowe, editor of the Wall Street Digest newsletter, continues to see higher stock prices ahead. Discover Joy Global, Inc. (Nasdaq:JOYG), Lawson Software, Inc. (Nasdaq:LWSN), NetLogic Microsystems, Inc. (Nasdaq:NETL), On Assignment, Inc. (Nasdaq:ASGN) and Red Hat, Inc. (Nasdaq:RHAT). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84
Zacks.com announces that Donald Rowe highlights the following stocks: Expeditors Int'l of Washington, Lawson Software, On Assignment, and Red Hat, Inc
- 2006-02-15
CHICAGO -- Donald Rowe, editor of the Wall Street Digest newsletter, says consider any pullback as a buying opportunity. Check out Expeditors Int'l of Washington, Inc. (Nasdaq:EXPD), Lawson Software, Inc. (Nasdaq:LWSN), On Assignment, Inc. (Nasdaq:ASGN) and Red Hat, Inc. (Nasdaq:RHAT). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84
Red Hat CEO to Adopt Stock Trading Plan In January
- 2005-12-27
RALEIGH, N.C. -- Red Hat, Inc. (NASDAQ: RHAT) announced today that, for personal tax, asset diversification and financial planning reasons, its Chief Executive Officer, Matthew Szulik, plans to enter into a Rule 10b5-1 stock trading plan with respect to the Company's common stock and also to engage in transactions in...
Schaeffer's Street Chatter Highlights the Following Stocks: Red Hat, Research in Motion Limited, and ConAgra Foods
- 2005-12-22
CINCINNATI -- Today's "Street Chatter" from Schaeffer's Investment Research focuses on: Red Hat (NASDAQ:RHAT), Research in Motion Limited (NASDAQ:RIMM), and ConAgra Foods (NYSE:CAG). "Street Chatter" is a report that analyzes three newsworthy stocks that are generating a lot of attention on Internet message boards. "Street Chatter" is published on www.SchaeffersResearch.com...
Stock Markets Analysis
- 2005-12-21
DYLAN RATIGAN, CNBC ANCHOR: Amazing what a deal can do. A tech company, by the way, also can do some good things if it has some momentum. Red Hat reporting its earnings today after the bell, the company making the Linux operating system for...
Zacks.com Announces That Dr. Melvin Pasternak Highlights the Following Stocks: Morgan Stanley, Conceptus, and Red Hat
- 2005-12-16
CHICAGO -- Dr. Melvin Pasternak, editor of the StreetAuthority Swing Trader newsletter, does not see a robust advance closing out the year but does not expect a sharp correction either. Learn about Morgan Stanley (NYSE:MWD), Conceptus (NASDAQ:CPTS), and Red Hat (NASDAQ:RHAT). Click here for the full story exclusively on Zacks.com:...
Zacks.com Announces That Donald Rowe Highlights the Following Stocks: Expeditors International of Washington, Lawson Software, and Red Hat, Inc
- 2005-12-01
CHICAGO -- Donald Rowe, editor of the Wall Street Digest newsletter, says the stock market is the best low-risk investment opportunity between now and early to mid-2010. Learn about Expeditors International of Washington (NASDAQ:EXPD), Lawson Software, Inc. (NASDAQ:LWSN), and Red Hat, Inc. (NASDAQ:RHAT). Click here for the full story exclusively...
Zacks.com Announces That Donald Rowe Highlights the Following Stocks: Lawson Software, Inc., Merge Technologies, Inc., and Red Hat, Inc
- 2005-11-17
CHICAGO -- Donald Rowe, editor of the Wall Street Digest newsletter, says an upward explosion of stock prices is inevitable. Learn about Lawson Software, Inc. (NASDAQ:LWSN), Merge Technologies, Inc. (NASDAQ:MRGE), and Red Hat, Inc. (NASDAQ:RHAT). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84
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