Posts tagged “Red Hat”
Frank Calderoni, a long-time financial executive and chief financial officer at Cisco, could have had his pick of tech jobs after leaving the networking giant last year. So why did he pick Raleigh-based Red Hat, which is a long way from Silicon Valley? He cites many reasons in an exclusive interview with WRAL TechWire.
The Raleigh Innovators Program, which is backed by the Citrix Startup Accelerator, Red Hat, Cherokee, HQ Raleigh and the City of Raleigh, has picked 12 startup teams from an international field of applicants for its latest three-month program.
Diane Mueller, director of Community Development for OpenShift at Red Hat, has been selected by the Cloud Network of Women (CloudNOW) as one of the Top 10 Women in Cloud for 2015.
Red Hat, Citrix, VMWare. Symantec and Microsoft are the key players in the growing virtualization market, says a new report from Research and Markets. And they are fighting for share in a growing market, which is expected to double over the next five years.
Lenovo, which recently lost one of its top enterprise business leaders and has so far failed to recover all sales previously produced by IBM in x86 servers, is ramping up efforts to win more business. The latest is the addition of Red Hat OpenStack. Lenovo is also offering big rebates and other software.
Wall Street's big stock rally on Wednesday helps the world's billionaires snap a money losing streak, according to Bloomberg Billionaires. That rebound includes Cary's Jim Goodnight, who regains more than $200 million of his fortune. Meanwhile, Triangle stocks rebound as well led by Red Hat.
Innovation at Red Hat earns the Raleigh-based open source software and services firm the No. 26 spot on the 2015 Forbes "World's Most Innovative Companies" list. Who's No. 1? Tesla. There are a few other Triangle connections, too.
On what's being called "Manic Monday" with the Dow and Nasdaq plunging before recovering then dropping again, Durham's Cree and Novozymes, which has a big presence in Franklinton, bucked the selloff. Take at look at the WRAL TechWire "30" for a snapshot of Triangle tech and life science stocks.
IBM's highly publicized launch of two Linux mainframe servers earlier this week barely made mention of Red Hat while playing up Red Hat rivals. That raised eyebrows at the HQ of WRAL TechWire, so we asked the Hatters: What's going on? Then there's the Open Mainframe Project. Is Red Hat involved? Our Insiders get the story.
Big Blue is rolling out new mainframes focusing on open source Linux, a sure sign that hardware isn't quite dead at IBM. Mainframes remain a profit center even as IBM has shed in recent years its PCs, printers, point-of-sale and x86 server businesses as well as semiconductors.
Just after the markets closed Monday, Red Hat disclosed that it had added Deutsche Bank Chief Information Officer Kim Hammonds to its board of directors. And she receives a compensation package that includes $550,000 in stock over three years plus $92,500 a year in cash (if she wants it) annually.
Kristen DeMaria, a senior at Elon University and an intern at Red Hat, writes in a blog at opensource.com that everyone in the IT industry needs to pitch in to help address the gender gap. How? By educating young women and girls about potential career possibilities.
Ecommerce services provider ChannelAdvisor is getting a new chief financial officer: Red Hat's Mark Cook. It's the second big management change for ChannelAdvisor since May. Meanwhile, the CFO who helped take ChannelAdvisor public is retiring.
A new survey of businesses from Fortune 500 to small firms finds that companies are looking to hire mobile apps developers in big numbers. The top needs? WTW Insiders find out what the Red Hat survey discovered.
GSK's HIV drug deal with China; inside IBM's Wimbledon bunker; Red Hat adds SAP to cloud; Tesla sets record; Wi-Fi in Cuba
In today's wrapup of technology and life science news: GSK makes an HIV drug deal with China; going inside IBM's bunker at Wimbledon; Red Hat adds SAP support to cloud services at Amazon; Tesla sets a record for car deliveries; and Cuba gets Wi-Fi hot spots.
The Supreme Court is staying out of a long-running legal battle between technology giants Oracle and Google over copyright protection for a computer program that powers most of the world's smartphones and computer tablets. Red Hat had allied itself with Google in the case.
As the stock markets closed Wednesday, Cree announced a restructuring plan, a big cut in its revenue forecast and a $500 million share buyback plan. Wall Street reaction was immediate Thursday: Shares fell 10 percent to a new 52-week low. Will the slide continue today? Will there be layoffs?