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1. Red Hat 3Q Revenue up 18 Percent

   [ News ] Topic: Red Hat | Author: KaraReeder | Date Published: 12/30/2009

   Despite the recession, Red Hat reports that its third-quarter revenue was $194.3 million , up 18 percent from the same quarter a year ago, reports InformationWeek . The company beat a consensus opinion that predicted Red Hat revenue coming in at $188 million. Red Hat CEO Jim Whitehurst credits...

2. Red Hat Reports a Rosy Quarter

   [ News ] Topic: Red Hat | Author: SusanHall | Date Published: 12/23/2009

   Though its revenue growth continues to slow, Red Hat beat expectations and its own guidance in its most recent quarter, reports LinuxPlanet. It reported net income for the quarter at $16.4 million, or $0.08 per share, down from $24.3 million in the quarter a year ago. Revenue was $194...

3. Red Hat Posts a Rosy Quarter

   [ News ] Topic: Red Hat | Author: SusanHall | Date Published: 09/24/2009

   For its second quarter, Red Hat reported revenues of $183.6 million , boosted by higher sales of its open-source software subscriptions and a one-time tax benefit, reports InformationWeek . It's an increase of 12 percent over the same period a year ago. Net income was $28.9 million, or $0.15...

4. Red Hat Updates Enterprise Linux

   [ News ] Topic: Red Hat | Author: AinsleyJones | Date Published: 09/03/2009

   Red Hat announced details of Red Hat Enterprise Linux (RHEL) 5.4 at its annual summit in Chicago this week. According to the company, the update supports a broad ecosystem of hardware and software. In addition, RHEL 5.4 is the first version built around KVM, says The H . This, along with Xen...

5. Red Hat Puts Virtualization Foundation for Cloud Computing in RHEL 5.4 GA

   [ Blog ] Topic: Red Hat | Author: DennisByron | Date Published: 09/02/2009

   As expected , Red Hat has announced general availability (GA) of its newest virtualization functionality as part of the latest release of Red Hat Enterprise Linux (RHEL) announced September 2. The 5.4 release supports both private and public clouds, support for enterprises and ISVs, and...

6. Red Hat's Szulik to Step Down

   [ Blog ] Topic: Red Hat | Author: LoraBentley | Date Published: 12/21/2007

   News.com reported Thursday that former Delta Airlines chief operating officer James Whitehurst will take the helm at leading Linux distributor Red Hat effective Jan. 1. Current CEO Matthew Szulik is stepping aside to deal with "family health issues," the story says. Szulik will stay on as...

7. Red Hat Halfway to $1 Billion

   [ Blog ] Topic: Red Hat | Author: LoraBentley | Date Published: 03/28/2008

   Red Hat just released financial results for its fiscal 2008, which ended on February 29. For the first time, the company exceeded $500 million in revenue, and CEO Jim Whitehurst says Red Hat is now focused on its new goal: being the first open source vendor to reach revenue of $1 billion. ...

8. Red Hat Hires Legal Heavyweights

   [ Blog ] Topic: Red Hat | Author: LoraBentley | Date Published: 03/06/2008

   Red Hat is adding intellectual property and free software specialists to its legal team. InformationWeek reports former Software Freedom Law Center attorney Richard Fontana and IP attorney Robert Tiller have joined Red Hat's ranks. Tiller, formerly of the North Carolina law firm of...

9. Ribbon Cutting: Red Hat Exchange Opens to Public

   [ Blog ] Topic: Red Hat | Author: LoraBentley | Date Published: 05/10/2007

   The online open source marketplace that analysts, bloggers and potential customers have talked about for months is finally here. Red Hat launched Red Hat Exchange today at the Red Hat Summit in San Diego, according to vnunet.com . Director Matt Mattox says Red Hat is "taking the long...

10. Does Red Hat Have a Choice?

    [ Blog ] Topic: Red Hat | Author: LoraBentley | Date Published: 10/31/2006

    Analysts and pundits alike haven't stopped talking since Oracle made the big announcement (that it would offer inexpensive support services for Red Hat Linux) and Red Hat responded in "tough guy" fashion that it will continue to compete in the market -- without dropping prices. Most have been...

11. Raymond Bids Red Hat Adieu

    [ Blog ] Topic: Red Hat | Author: LoraBentley | Date Published: 02/23/2007

    In case you missed it, open source guru Eric Raymond, who wrote The Cathedral and the Bazaar , has given up on Red Hat's Fedora, opting instead for Ubuntu. In a harsh letter distributed on a popular open source mailing list on Wednesday, he said an unsuccessful four-hour attempt to...

12. Red Hat Goes Global with New Desktop

    [ Blog ] Topic: Red Hat | Author: LoraBentley | Date Published: 05/11/2007

    The leading Linux distributor is keeping us busy with announcements from this year's Red Hat Summit. Along with the official launch of Red Hat Exchange , the company revealed a new partnership with Intel to develop a "global desktop." Rather than another Windows clone , the Red Hat Global...