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Posts tagged “Red Hat”

9:58 a.m. Monday

Google (and Red Hat) lose in Java copyright case vs. Oracle

Oracle 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.

Updated June 25

Cree stock plunges on LED restructuring; layoffs coming?

Cree's dimmable 90-watt LED bulb 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?

Updated June 25

Premium Lock Remembering Triangle's first 'disruptors' from 2007 - and warnings still relevant today

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.

Ryan Allis, left, and Jud Bowman: "Disruptors" Ryan Allis, left, and Jud Bowman: "Disruptors"

June 24

Premium Lock Report: 'Cloud' services not necessarily cheaper than internal platforms

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.

Pricing in the "cloud" Pricing in the "cloud"

Updated June 24

'Out of box' solutions: Red Hat, NetApp. Cisco partner to drive OpenStack

OpenStack 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.

Updated June 24

Premium Lock Mobile apps showdown: Red Hat-Samsung vs. Apple-IBM

Red Hat        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.

June 23

Premium Lock Red Hat goes mobile with new app development platform

Red Hat to buy FeedHenry 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.

Updated June 22

Red Hat pays hefty price for new CFO: $4M signing bonus, $9M in stock, $500,000 to move

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 Caldceroni Frank Caldceroni

Tags: Red Hat
Updated June 22

Red Hat names former Cisco exec as new chief financial officer

Red Hat        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.

Tags: Red Hat
June 19

Bully for Hatters: Street sees plenty of positives in Red Hat

Bulls keep running 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.

Tags: Red Hat
June 19

Premium Lock Inside Red Hat: Good earnings but clouds on horizon (IBM, Cisco, EMC)

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.

Red Hat's open cloud solution vs. "closed" Red Hat's open cloud solution vs. "closed"

Updated June 11

$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

Bulldog 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.

Updated June 8

Female VC demands $2.7M; Instagram ads; Google's Magic Leap; Red Hat keynotes; NeoNova promotions

Bulldog 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.

Updated May 15

Premium Lock Author, author! Why Red Hat's CEO wrote 'The Open Organization'

CED tech icons panel: A conversation with the greats 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?

May 14

Premium Lock 'Venom' security risk hits cloud; Red Hat warns about vulnerability

Red Hat        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.

Updated April 15

Premium Lock Red Hat CEO speaks out against 'divisive' rights legislation

Human Rights Campaign 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.

April 13

Premium Lock Red Hat's CEO turns author with 'The Open Organization'

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.

Tags: Red Hat
April 9

Premium Lock Uber, Lyft back ride-sharing law; Dell-Red Hat's cloud update; BizCon names speakers; US Army-IBM cloud deal; Cisco's security adds

Bulldog Bulletin 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.

Updated April 3

Premium Lock Autonomous car's 3,400 miles; Red Hat JBoss big data; Windsor Circle's new product; SciQuest partnership; ChannelAdvisor winners

Bulldog Bulletin 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.

Updated March 26

Premium Lock Red Hat sizzles: Stock soars to 2nd highest all-time price

Red Hat        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.

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