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Red Hat, Inc. (RHT)

57.13 Up 0.79(1.40%) 4:01PM EDT
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Red Hat, Inc.
100 East Davie Street
Raleigh, NC 27601
United States - Map
Phone: 919-754-3700

Index Membership:N/A
Industry:Application Software
Full Time Employees:6,300

Business Summary 

Red Hat, Inc. provides open source software solutions to enterprise customers worldwide. It develops and offers operating system, virtualization, middleware, storage, and cloud technologies. The company’s products include Red Hat Enterprise Linux, an operating system designed for enterprise computing that runs on a range of hardware, such as mainframes, servers, and work stations; Red Hat Enterprise Virtualization, which comprise standalone virtualization functionality and management tools for server and desktop deployments; and Red Hat JBoss Middleware that offers a range of middleware offerings for developing, deploying, and managing applications, which are accessible via the Internet, enterprise Intranets, extranets, clouds, and virtual private networks. It also offers Red Hat Storage Server software that enables users to treat storage as a virtualized resource, for deployment on-premise and in cloud computing and hybrid environments, as well as aggregates disk and memory resources into a unified storage pool; and Red Hat cloud offerings, which are the enterprise technologies that assist users in creating cloud computing environments, such as Red Hat CloudForms, Red Hat Enterprise Linux OpenStack Platform, Red Hat Cloud Infrastructure, and OpenShift by Red Hat. In addition, the company provides Red Hat enterprise services comprising technologies, such as high-performance distributed computing, directory services, and user authentication, as well as offers consulting, support, and training services. Red Hat, Inc. sells its enterprise technologies through annual or multi-year subscriptions. It has strategic partnerships with Advanced Micro Devices, Inc.; ARM Holdings plc; Intel Corporation;, Inc.; Fujitsu; Google Inc.; IBM; and Rackspace Hosting, Inc. The company was formerly known as Red Hat Software, Inc. and changed its name to Red Hat, Inc. in June 1999. Red Hat, Inc. was founded in 1993 and is headquartered in Raleigh, North Carolina.

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Corporate Governance 
Red Hat, Inc.’s ISS Governance QuickScore as of Oct 1, 2014 is 5. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 8; Compensation: 4.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. James M. Whitehurst , 46
Chief Exec. Officer, Pres and Director
Mr. Charles E. Peters Jr., 63
Chief Financial Officer and Exec. VP
Mr. Paul J. Cormier , 57
Interim Chief Technology Officer, Exec. VP and Pres of Products & Technologies
Mr. Arun Oberoi , 59
Exec. VP of Global Sales & Services
Mr. Robert F. Young , 60
Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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