|Bid||88.3000 x 300|
|Ask||88.8900 x 300|
|Day's Range||87.7100 - 88.9900|
|52 Week Range||68.5400 - 90.0100|
|PE Ratio (TTM)||63.73|
|Earnings Date||Jun 20, 2017 - Jun 26, 2017|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||94.73|
Red Hat Inc. has acquired Codenvy Inc., a venture-backed creator of software development tools.
Darrow Kirkpatrick says his experience proves you don’t have to be a perfect investor to succeed in the end.
Raleigh-based open-source giant Red Hat (RHT) has signed a stock purchase agreement to acquire San Francisco cloud software developer Codenvy. Harry Mower, head of Red Hat's developer division, says the relationship between the companies has been building over the past year. Both worked on the same upstream project: Eclipse Che, an open-source cloud integrated development environment.