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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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
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Bodhtree partners with Red Hat for MIDAS Multi Industry Data Anomaly Solution
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Donald Livingstone, Professor at BYU's Marriott School of Business, Joins Red Hats Board of Directors
News & Analysis
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red hat inc. - All News and Analysis
Red Hat Upgraded by S&P
Seeking Alpha
- 2009-11-16
Zacks.com submits: Strong financial performance in the most recent quarter and continued growth in results despite a challenging economy have led Standard & Poor's (S&P) Rating Services to raise Red Hat Inc.’s RHT corporate credit rating from BB to BB+. Red Hat is a leader...
Red Hat Offers Virtualization Management
BNET
- 2009-11-05
Red Hat is making a late entry into the virtualization market based on the addition of support for KVM or kernel virtual machine in Red Hat Enterprise Linux 5.4 released in September. The other shoe in Red Hat's "virtualization portfolio" has now dropped with the Enterprise Virtualization Manager for Servers,...
With eye on Oracle and MySQL, Red Hat invests in EnterpriseDB
BNET
- 2009-10-27
Computerworld - Red Hat Inc. has invested an unspecified amount in open-source database vendor EnterpriseDB Inc., a sign that the Linux vendor may be worried about the implications of Oracle Corp.'s takeover of MySQL through its pending acquisition of Sun Microsystems Inc. The announcement was made in a statement posted...
The Case for Investing in Open Source Leader Red Hat
Seeking Alpha
- 2009-10-15
Zachary Scheidt submits: Investors are buying up shares of technology companies quickly as fears of an economic collapse begin to dissipate and margins for many companies are quite attractive. Red Hat, Inc. RHT, the provider of open source operating systems for enterprises has seen its stock rocket 268% from...
Microsoft and Red Hat delivery on interoperability deal
BNET
- 2009-10-07
Eight months after announcing they would make their virtualization wares interoperable, Microsoft and Red Hat delivered the goods Wednesday on their first major collaboration. The two companies announced they have completed testing and validation and that they now fully support virtualization environments that combine Microsoft...
Red Hat, Microsoft deliver on virtualization interop promises
BNET
- 2009-10-07
It's more than notable that Red Hat and Microsoft have delivered on some aspects of their cross certification virtualization promises. Here's what was delivered today (verbatim, from the Red Hat press release), following pledges of both companies last February: Validation of Red Hat Enterprise Linux 5.4, using the Kernel-based Virtual...
Red Hat Stays Focused on Target Market
Seeking Alpha
- 2009-10-07
Dennis Byron submits: Red Hat RHT executives briefed financial analysts October 6. The key question I brought to the session was, “Where does Red Hat stand against its previously announced plans to gain half of market share in server operating software (see Feb 14, 2008 entry) and...
A comparison of IBM® WebSphere® Application Server and JBoss by RedHat
BNET
- 2009-10-07
Succeeding in today's economy not only means utilizing technology to create intelligent, instrumented and interconnected solutions, but leveraging technology to optimize costs and do more with less. This brochure describes how the 3 key attributes of IBM's application foundation help deliver higher quality of service at a lower cost than...
Red Hat Investors Are Overpaying
Seeking Alpha
- 2009-10-02
Zachary Scheidt submits: Investors are buying up shares of technology companies quickly this summer as fears of an economic collapse begin to dissipate and margins for many companies are quite attractive. Red Hat, Inc. RHT, the provider of open source operating systems for enterprises, has seen its...
Red Hat F2Q10 (Qtr End 8/31/09) Earnings Call Transcript
Seeking Alpha
- 2009-09-23
Question-and-Answer Session Operator Operator Instructions Our first question comes from the line of Sarah Friar with Goldman Sachs. Sarah Friar – Goldman Sachs Good quarter. Jim, if I could just ask you a little bit on the demand environment, some extra color -- did you actually see...
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