Red Hat, Inc. (Nasdaq: RHAT), the high-profile provider of open source software, including Linux, announced today that the company has opened a research and development facility in Westford, MA.

In a prepared statement Red Hat officials say the conglomeration of talented software engineers in the Boston-area sealed their decision to open the facility, where the company plans to “work on developing high-performance computing products, enhanced enterprise capabilities for Red Hat’s line of Advanced Server products, 64-bit technologies and other projects.”

Red Hat expects to add 50 new jobs, mostly engineers, in the coming weeks as a result of the expansion.

For Red Hat’s fiscal year, which ends Feb. 28, 2002, revenues decreased 2 percent to $78.9 million while net losses increased 60 percent to $119.2 million. Shares of Red Hat stock ranged in price from $2.40 to $9.50 during the last 52 weeks, and recently traded near $4.90. The company’s market capitalization is $769.7 million.

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