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

red hat inc. and team - All News and Analysis

Fedora and Creative Commons Team Up To Deliver LiveContent Distribution

- 2007-08-06

Fedora 7, With Industry's Only Open Source Build System, Joins with Creative Commons to Expand Open Source and Open Content Communities RALEIGH, N.C. -- Red Hat (NYSE: RHT), the world's leading provider of open source solutions, and Creative Commons today announced that Fedora 7 will serve as the platform...

Tags: Company, Creative Commons, Fedora Project, Red Hat Inc., team
Red Hat Teams with UNC and the North Carolina Research Campus to Bring Open Source Philosophy to Campus

- 2007-04-18

North Carolina Native Red Hat Will Collaborate with the University of North Carolina System and Private Sector to Help Advance Research

Tags: open source, Red Hat Inc., team, UNC
EnterpriseDB Names Phillip Merrick Chairman of the Board; Expands Team With Executives From Red Hat and State Street

- 2006-02-14

SAN FRANCISCO -- EnterpriseDB, the world's leading enterprise-class, open source database company, announced today at the Open Source Business Conference that board member Phillip Merrick, formerly Chairman and CEO of webMethods, has been elected Chairman of the Board. The company also announced that Bill Mason, formerly of open source pioneer...

Tags: board, company, open source, Red Hat Inc., team
Red Hat Adds Muscle to One Laptop Per Child Movement; Teams with MIT Media Lab to Bring $100 Student Laptops to Developing Nations, Emerging Markets

- 2006-01-31

RALEIGH, N.C. -- Red Hat (NASDAQ: RHAT), the world's leading provider of open source to the enterprise, today formally announced its founding corporate membership in the One Laptop per Child OLPC initiative. The OLPC project aims to create and distribute inexpensive laptop computers to students around the globe for educational...

Tags: emerging market, laptop computer, Massachusetts Institute of Technology, One Laptop Per Child project, open source, Red Hat Inc., team
IBM and Red Hat Team to Accelerate Linux Adoption in Emerging Markets; Worldwide Effort to Provide Developers with Technology Resources and Support for Rapid Development of Linux-Based Applications

- 2005-09-16

RALEIGH, N.C. & ARMONK, N.Y. -- Red Hat (NASDAQ: RHAT) and IBM today announced a global initiative to help accelerate the development and adoption of Linux-based solutions in emerging markets, such as China, India, Russia and Korea as well as in established markets worldwide.

Tags: emerging market, IBM Corp., Linux, Red Hat Inc., team