Posts tagged “Red Hat”

Updated 1:37 p.m. today

Red Hat investigating report CIA hacking tool targets its software

The top software product from Raleigh-based Red Hat is the target of a hacking tool developed by the CIA, according to documents published by WikiLeaks. Red Hat Enterprise Linux is one of the world's most popular software used by global financial firms.

Aeris as depicted in WikiLeaks release Aeris as depicted in WikiLeaks release

Updated 11:00 a.m. Tuesday

Premium Lock Former Red Hat CFO Charlie Peters joins software firm's board

Charlie Peters Charlie Peters, long-time chief financial officer at Red Hat, is coming out of retirement to take a new job. And he's joining another former Hatter at an emerging open-source software firm as a member of the board.

Tags: Red Hat
Updated June 29

Premium Lock Cheers, Hatter style: Red Hat opens 40K SF executive, labs center with a bar- in Boston (+ video)

Raleigh-based Red Hat is expanding its geographic footprint in a significant way - but not in its hometown. The space also includes a bar, reports the Boston Globe. Plus: A look at what the new complex offers. And: Watch a video overview about Red Hat's Innovation Labs.

Tags: Red Hat, Linux
June 23

Premium Lock Red Hat CEO's compensation falls to $11.1M in 2016

The chief executive officer of business software company Red Hat received $11.1 million in total compensation in its 2017 fiscal year, according to a securities filing.

Jim Whitehurst Jim Whitehurst

Tags: Red Hat
Updated June 21

Premium Lock Bulls on the run: Wall Street analysts, investors rush to Red Hat

Bullish     Tuesday evening, Red Hat beat the Street. And so began the night of the red-hot Hatters. Starting at 3:55 a.m. Wednesday, Wall Street analysts began jumping on the Red Hat bandwagon just hours after investors drove up Hatter shares by 10 percent. By noon Wednesday, 13 different analysts had either raised their target prices for Red Hat or upgraded the stock to "Buy."

Tags: Red Hat
June 21

Premium Lock Inside Red Hat: Cloud, Linux success fuel red-hot growth

Red Hat Analysis: Red Hat beat Wall Street expectations for revenue and profits in its latest earnings report Tuesday, sending the stock toward its all-time high of $105. What's fueling the growth? Here's an analyst's view.

Tags: Red Hat
Updated June 21

Premium Lock Red Hat beats Street, shares surge to nearly $100

Red Hat, a global leader in Open Source Linux software and services as well as various cloud technologies, beats Wall Street expectations in both earnings and revenue. The news late Tuesday sent Hatters' shares up immediately to nearly $100. Red Hat shares haven't topped $100 since Dec 1999 shortly after the company went public. Driving the growth: Cloud.

Red Hat's tower in Raleigh   Red Hat's tower in Raleigh

Tags: Linux, Red Hat
Updated June 14

Premium Lock Hatters of Arabia: Saudi university, Red Hat set up academy; Plus: Top innovator is ....

Red Hat Red Hat, which recently opened its third Innovation Lab in Europe, is opening a Red Hat Academy in Saudi Arabia. In other news: Red Hat's Innovator of the Year award goes to ...

Updated May 25

Premium Lock Red Hat acquires Silicon Valley startup in on-demand cloud play (+ video)

Red Hat continues to expand its embrace of cloud computing and services with the acquisition of Silicon Valley startup Codenvy, a developer on cloud-on-demand tools and services.

Updated May 23

Premium Lock Study: Red Hat is Raleigh's most likable CEO but city's top execs score low overall

Jim Whitehurst    A new survey based on information gathered from social media, news and executive review web sites finds that Red Hat CEO Jim Whitehurst is the most likable CEO in Raleigh. However, capital city CEOs rate lower than the national average.

Updated May 23

Premium Lock Red Hat hails defeat of 'patent trolls' at Supreme Court

Supreme Court The Supreme Court is making it easier for companies to defend themselves against patent infringement lawsuits in a case hailed by North Carolina's attorney general. Red Hat and SAS are among firms that have waged a long legal battle against so-called "patent trolls."

Tags: SAS, Red Hat
May 17

Premium Lock Red Hat opens first Innovation Lab in Europe, third overall

Red Hat Raleigh-based Red Hat opens a new Innovation Labs in London, its first outside the U.S. The Innovation Labs are designed to put customers and Hatter experts side-by-side to "jump start innovation" and develop software solutions.

Tags: Linux, Red Hat
May 11

Premium Lock Inside Red Hat Summit: Amazon deal; new products; partner, customer opportunities (+ video: Whitehurst keynote)

Red Hat unveils a new deal with Amazon Web Services, additional products and services for the "cloud," and new opportunities for customers as well as partners, says Technology Business Research team that attended the Red Hat Summit. Plus: Watch a video of Red Hat CEO Jim Whitehurst's keynote.

May 10

Premium Lock Red Hat drives growth in cloud business without cannibalizing itself (+ video)

At Red Hat's Summit in Boston, the Hatters demonstrate their ability to grow their cloud business without having to cannibalize other sales, report analysts from Technology Business Research.

May 3

Premium Lock Red Hat's CEO sells another $4.1M in shares

NC Business News Wire ‚ÄčThe chief executive officer of Red Hat Inc. sold another $4.1 million in company stock on Monday, according to a filing with the Securities and Exchange Commission.

Tags: Red Hat
Updated April 27

Premium Lock TechWire Awards go to six individual, six corporate Triangle tech, life science leaders

Startups, entrepreneurs, executives, investors and several of the Triangle's top tech and life science companies share the spotlight, taking home 12 awards at the fifth WRAL TechWire Awards. Plus, the first five members of TechWire's Hall of Fame are honored as are several Editor's Choice Award recipients.

Republic's Chris Chuang is a happy winner Republic's Chris Chuang is a happy winner

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