Posts tagged “Red Hat”

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

Updated April 21

Premium Lock Eric Shander's journey: From IBM to Red Hat, chief accounting officer to CFO

Eric Shander is getting a boatload of new responsibilities and a much higher profile as well as a $65,000 pay bump as he moves to Red Hat's chief financial officer from chief accounting officer. In an in-depth Q&A, Shander talks about his new job and the road tour with CEO Jim Whitehurst that helped lead to his promotion - as well as opened his eyes to the new world of investor relations. Plus: Read his full bio.

Eric Shander  Eric Shander

Tags: Red Hat, IBM
April 21

Premium Lock Why Red Hat's new CFO left IBM - and what he likes better

Eric Shander enjoyed working at IBM where he was following in his father's footsteps. But having lived in Raleigh since 1998, he was ready to become a Hatter after reading a book by Red Hat CEO Jim Whitehurst. In the second part of our Q&A, Shander talks about his feelings for both companies, as well as Lenovo.

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

Tags: Red Hat, IBM
Updated April 20

Premium Lock Datathon at Duke offers big talent recruiting opportunity, says former Red Hat exec

A datathon taking place at Duke on Friday offers a significant recruiting opportunity for Citadel, a $26 billion hedge fund, and Citadel Securities, says the former Red Hat executive L.J. Brock who is chief people officer at Citadel. He explains the event and what the firms are looking for in an exclusive interview. (Plus, Brock discusses his favorite Red Hat memories.)

L.J. Brock L.J. Brock

Updated April 18

Premium Lock Red Hat promotes chief accounting officer to CFO, exec VP

Eric Shander, who has been serving as interim chief financial officer at Red Hat, is getting the "interim" label removed. The world's top Open Source Linux developer on Tuesday named him as CFO, a promotion from chief accounting officer.

Eric Shander  Eric Shander

Tags: Red Hat
Updated April 10

Premium Lock Filings: Reichhold selling French plant; Red Hat, LendingTree execs sell shares

Closing a deal  Reichhold, which is based in Durham, is selling a plant in France and two senior executives at Red Hat and LendingTree respectively are selling shares.

Updated March 28

Premium Lock Whitehurst: Just call us 'the Red Hat of OpenStack'

A booming fourth quarter in sales closed a $2.4 billion year for Red Hat. And sales projections for a new fiscal year helped boost Hatter stock 5 percent in after-hours trading Monday after the Open Source giant upped quarterly sales by 16 percent year-over-year. In a conference call, Red Hat CEO Jim Whitehurst says booming sales for cloud-related technology provides a big boost. So much so that he says Red Hat is now the "Red Hat of OpenStack."

What is OpenStack? What is OpenStack?

Updated March 21

Premium Lock IBM, Red Hat partner for new open source cloud effort

IBM Cloud      Raleigh-based Red Hat and IBM have formed a partnership to offer Red Hat's OpenStack cloud computing platform through IBM's cloud offerings. The firms will jointly market and sell new offerings later this month.

March 3

Premium Lock Red Hat CEO Whitehurst sells more than $400,000 in shares

Red Hat            Red Hat's chief executive officer sold more than $400,000 in the company's shares, according to a filing with the Securities and Exchange Commission.

Tags: Red Hat
February 6

Premium Lock Red Hat adding 60 jobs in Ireland, investing $13M

Red Hat Red Hat is investing some $13 million and adding as many as 60 jobs as part of an expansion of its operations in Ireland.

Updated January 30

Premium Lock Red Hat, IBM, other tech giants express alarm over Trump immigration order

IBM, Red Hat, Google, Apple and other tech giants expressed dismay over an executive order on immigration from President Donald Trump that bars nationals of seven Muslim-majority countries from entering the U.S.

Refugee protest  Refugee protest

January 11

Premium Lock Ex-Red Hat CFO Calderoni takes CEO post at Valley startup

Former Red Hat Chief Financial Officer Frank Calderoni disclosed his new landing spot on Tuesday - He's heading back to Silicon Valley.

Frank Caldceroni Frank Caldceroni

Updated December 22, 2016

Premium Lock Red Hat "Poised for success" despite stock setback

Despite seeing its share price drop following its Q3 earnings report, Red Hat's sales and channel investments mean the company is "poised for success," a Technology Business Research analyst says.

TBR TBR

Updated December 21, 2016

Premium Lock Red Hat shares plunge after earnings report

Red Hat Red Hat stock plunged 13 percent after its earnings report and news that its chief financial officer is leaving. Red Hat needed to crush analyst estimates of its third quarter 2017 earnings, and while posting respectable numbers, did not do it.

Tags: Red Hat, Linux
December 21, 2016

Premium Lock Red Hat earnings: what's at stake

Red Hat, the world's largest open-source Linux software company, will report third quarter earnings after the bell Wednesday. What's at stake for the company?

Red Hat Red Hat

Tags: Linux, Red Hat
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