Posts tagged “Red Hat”

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.


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
Updated December 20, 2016

Premium Lock Red Hat's emerging asset: Communications services

While Red Hat is known primarily for its Linux software and services as well as cloud computing, another vertical of offerings is emerging as an important revenue producer: Communications services. In the first of a two-part report, WTW Insiders get an in-depth look at Red Hat as CSP. Red Hat discloses its latest earnings on Wednesday.

Updated December 1, 2016

Premium Lock Red Hat: Traditional firms lag 'digital natives' - startups, emerging companies - in new tech

In the cloud Many traditional enterprise companies recognize the importance of new and emerging technologies in digital transformation efforts but lag far behind startups and emerging companies, according to a new survey from Red Hat.

Updated November 17, 2016

Premium Lock Party time! Internet Summit draws 2,200 with bigger entertainment focus

The 2016 Internet Summit brought more than 2,200 people to the Raleigh Convention Center, about 200 more than in the past. That may be at least partly due, to the increasing number of well-known media figures and top business strategy speakers at the event.

Dressing up for Internet Summit Dressing up for Internet Summit

November 14, 2016

Premium Lock Red Hat: Healthcare organizations embrace mobile strategy despite budget, other headwinds

Eight in 10 healthcare organizations are implementing mobile strategies, a huge jump from just half a year ago, according to a new survey from Red Hat. However, tight budgets and other challenges may limit future growth of apps.

Mobile apps Mobile apps

Updated November 11, 2016

Premium Lock NCTA Tech Awards go to Red Hat, Cisco, Stealz

NCTA The North Carolina Technology Association (NCTA) hosted the NC Tech Awards on Thursday, November 10, 2016 at the Raleigh Convention Center, recognizing organizations and individuals that have demonstrated excellence in technology and business.Winners included Red Hat, AvidXchange, Stealz, Cisco, SciQuest and other top regional tech firms.

November 11, 2016

Premium Lock What makes influencers decide to partner with a brand?

What is the top factor when much coveted influencers decide to partner with a brand" It isn't money.

Tapinfluence survey shows what influencers care about Tapinfluence survey shows what influencers care about

October 7, 2016

Premium Lock Red Hat chair, general counsel, board member sell 42,000 shares

Red Hat            With Red Hat shares trading above $80, three senior leaders at the Raleigh-based open source software and services giant have sold off parts of their holdings.

Tags: Red Hat
September 28, 2016

Premium Lock Red Hat sets stock ownership requirements for top management, board

Red Hat Red Hat shareholders have approved a change in stock ownership requirements for its executives, according to a Securities and Exchange Commission filing.

Tags: Red Hat
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