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 web - All News and Analysis

Web 2.0, M&A and 'World-Changing' Technologies on CED's Tech 2006 Agenda; BD, Eaton, Lenovo, Red Hat and RTI Execs to Speak on Oct. 11 Featured Panels

- 2006-09-14

RESEARCH TRIANGLE PARK, N.C. -- The Council for Entrepreneurial Development CED today announced featured panel topics and speakers for Tech 2006. CED's 16th annual conference is scheduled for Oct. 11 at North Carolina State University's McKimmon Center in Raleigh. Pre-conference sessions and a networking reception are also being planned on...

Tags: Lenovo Group Ltd., M&A, Red Hat Inc., Web, Web 2.0
JBoss Releases JBoss Seam 1.0; Red Hat middleware division provides first Web 2.0 application framework to unify and integrate popular SOA technologies

- 2006-06-13

LAS VEGAS -- JBoss, a division of Red Hat (NASDAQ: RHAT), today announced the general availability of JBoss Seam 1.0, a powerful, new application framework for Web 2.0 applications that unifies and integrates popular service-oriented architecture SOA technologies such as Asynchronous JavaScript and XML AJAX, JavaServer Faces JSF, Enterprise JavaBeans...

Tags: application framework, middleware, Red Hat Inc., SOA, Web, Web 2.0
ExecutiveBiz Announces Web 2.0 Event; Red Hat CEO Matthew Szulik to Keynote Topical, Day-Long Seminar

- 2006-05-18

VIENNA, Va. -- ExecutiveBiz, the Greater Washington area's rapidly growing weekly digital magazine, announced today that it will produce an interactive seminar on Web 2.0 in September 2006. This commitment to a timely topic in the future of IT demonstrates ExecutiveBiz's commitment to providing Greater Washington business leaders with professional...

Tags: Red Hat Inc., Web, Web 2.0
Red Hat Signs Definitive Agreement to Acquire JBoss; Open Source Leaders Agree to Join to Drive Down the Cost of Developing and Deploying Web-Enabled Applications

- 2006-04-10

RALEIGH, N.C. -- Red Hat, Inc. (NASDAQ: RHAT), the world's leading provider of open source solutions to the enterprise, today announced that it has entered into a definitive agreement to acquire JBoss, the global leader in open source middleware. By acquiring JBoss, Red Hat expects to accelerate the shift to...

Tags: agreement, open source, Red Hat Inc., Web
Munich Trade Fair Chooses Red Hat Global File System to Manage Web Services; Red Hat GFS at the Heart of a Modern Cluster Solution with Virtualized Storage

- 2005-12-20

MUNICH -- Red Hat (NASDAQ: RHAT), the world's leading provider of open source to the enterprise, today announced that Messe Munchen International (Munich International Trade Fair - MMI), one of the world's leading trade fair companies, has deployed Red Hat Global File System GFS as its cluster file system for...

Tags: file system, Red Hat Global File System, Red Hat Inc., storage, Web, Web service