Posts tagged “Red Hat”
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?
The late Neal Page, Ryan Allis, Jud Bowman, Bob Young and their companies (Inlet, Broadwick, Motricity, Red Hat) were branded among the original "disruptors" by Business 2.0 magazine in 2007. WTW takes a look back at them in light of Cisco's new "Digital Vortex" report on the latest "disruptor" trend.
Is "cloud computing" cheaper than running information technology applications on your own internal resources? It's often touted that way, but a new report from Information Services Group says "cloud" is not always cheaper. WTW Insiders can access the details.
Red Hat is making a great deal of news at its annual Summit this week in Boston, such as going mobile, its partnership with Samsung, and the naming of a new CFO. Not to be overlooked is the partnership between Red Hat, Cisco and NetApp - all with deep roots in the Triangle - to drive more "cloud" and application solutions based on OpenStack. Here's a Hatter's view.
Red Hat wasted no time in capitalizing on news about its mobile apps suite based on FeedHenry technology acquired last year. Tuesday evening, just hours after announcing it's going mobile, Red Hat disclosed a partnership for apps with Samsung, taking direct aim at the Apple-IBM partnership in the same arena.
Red Hat is going mobile with a new suite of applications built around technology it acquired last fall with the purchase of FeedHenry. The Red Hat Mobile Application Platform is designed to help customers speed up, simplify and integrate app development.
How badly did red Hat want Frank Calderoni, the former chief financial officer of Cisco, to become its new CFO? Try $13.5 million in cash and stock - plus an annual salary of $685,000 and an annual bonus potentially matching that salary.
Frank Calderoni, a former executive with Cisco, is Red Hat's choice as its new chief financial officer. Calderoni will replace Charlie Peters, who is retiring. Calderoni is getting a $4 million bonus plus up to $9 million in stock to take the job.
Wall Street analysts are weighing in as very bullish on Red Hat after the Hatters delivered a Street-beating performance in its most recent quarter and forecast growth that is close to their expectations. Why several ratings to "buy" were reaffirmed, analysts also did raise share target prices.
Analysis: Red Hat beat the Street again in earnings and revenue on Thursday but did forecast growth a bit below expectations. However, analyst Andrew Smith at Technology Business Research sees plenty of good news in the latest earnings report. He also sees emerging threats to Red Hat's OpenStack cloud strategy from larger players such as IBM, EMC, Oracle and Cisco.
$200M NetSuite-Bronto deal closes; analyst expects 'strong' Red Hat earnings; Monsanto after Syngenta investors; China frees GSK investigator; HP paying $100M in Autonomy deal
In today's Bulldog wrapup of technology and life science news: NetSuite closes on its acquisition of Durham-based Bronto Software; RBC expects "strong" earnings from Red Hat; Monsanto targets Syngenta shareholders; China frees a GSK investigator; and HP to pay $100 million in Autonomy class-action suit.
In today's Bulldog wrapup of technology news: The woman who sued VC giant Kleiner Perkins wanted $2.7M not to appeal verdict; Instagram is adding ads; Google's Magic Leap pursues 'augmented reality;' Red Hat names its keynotes for upcoming Summit; and NeoNova promotes two execs.
Jim Whitehurst, CEO of Raleigh-based Red Hat, is now an author, too. His book, "The Open Organization," is due in stores on June 2. So why did he take time out of a busy schedule running the world's leading open-source Linux software and services firm to write?
The world of "cloud computing" has been hit by another serious security vulnerability called "Venom." Raleigh-based Red Hat warns that "all" of its products that include a particular open source tool are vulnerable.
The "religious freedom law" debate is far from over despite recent changes made in Indiana and Arkansas religious freedom legislation, and another prominent voice in the high-tech industry has joined a growing list of executives speaking out against these laws: Red Hat's Jim Whitehurst.
Jim Whitehurst, CEO of global open source leader Red Hat, takes another road a lot of executives don't - for whatever reasons, from time to lack of ability to not making enough money at it - with a forthcoming stint as an author. "The Open Organization: Igniting Passion and Performance" will soon hit the presses as a hardback and ebook.
Uber, Lyft back ride-sharing law; Dell-Red Hat's cloud update; BizCon names speakers; US Army-IBM cloud deal; Cisco's security adds
In today's Bulldog wrapup of technology news: Uber, Lyft want ride-sharing law; Dell-Red Hat 'cloud' update; BizCon in Raleigh names speakers; US Army embraces IBM's cloud; and Cisco expands security offerings.
Autonomous car's 3,400 miles; Red Hat JBoss big data; Windsor Circle's new product; SciQuest partnership; ChannelAdvisor winners
In today's Bulldog wrapup: An autonomous car goes cross-country; Red Hat bolsters JBoss with more big data; Windsor Circle unveils new product; SciQuest forms a new partnership for transportation services; and ChannelAdvisor hands out awards at its annual showcase.
Shares in Red Hat haven't been this hot since the go-go days of the "dot com" boom when the company went public and its shares soared to $105. On Thursday, shares soared 11 percent to a new 52-week high of $76.70 after a strong earnings report on Wednesday. And Wall Street analysts are impressed.