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Red Hat Strengthens Asia-Pacific Operations with the Expansion of Two R&D Centers in India
RALEIGHNC, Global, May 7, 2012
The “Engineering Center of Excellence” in Pune is Red Hat’s largest engineering facility outside of North America
Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced the expansion and launch of two “Engineering Centers of Excellence” in Bangalore and Pune, India. The Pune center is Red Hat’s largest engineering facility outside of North America at 50,000 sq. ft.
Red Hat’s expanded Asia-Pacific (APAC) operations are driven by growing market interest across the region in open source technologies and Red Hat products and solutions.
Located in two of India’s most prominent IT hubs, Pune and Bangalore, the newly inaugurated facilities reflect Red Hat’s increased investments in the country. With the expansion in India, Red Hat hopes to incubate, sustain and support local talent and maintain high quality of contributions to the open source community locally and internationally.
According to Evans Data's Global Developer Population and Demographic Survey1 conducted in 2011, India is among the rising technology powerhouses and by 2015, India will surpass the United States with more than 3.5 million professional software developers.
“2012 is the year of the developer for Red Hat and with a growing number of developers coming from India, Red Hat brought several notable global developer events to APAC – Fedora Users and Developers’ Conference (FUDCon) in November 2011 in Pune and JBoss User and Developers Conference (JUDCon) in January 2012 in Bangalore,” said Anuj Kumar, general manager, Red Hat India. “With our new facilities and events like this, we hope to continue showing our commitment to developers throughout the APAC region.”
The Red Hat engineering team in India works closely with local educational institutions, research bodies, and agencies involved in formulating standards and to support the proliferation and adoption of open standards in interactions.
Speaking at the inauguration ceremony in Pune, Paul Cormier, executive vice president, products and technologies, Red Hat, said, “Innovative product development and engineering services are the cornerstone of any company with global aspirations and we expect the current expansion to further Red Hat’s goal to lead the way in innovative collaboration and open source technology development locally, regionally and globally.”
About Red Hat, Inc.
Red Hat, the world's leading provider of open source solutions and an S&P 500 company, is headquartered in Raleigh, North Carolina, USA, with more than 70 offices spanning the globe. Red Hat provides high-quality, affordable technology with its operating system platform, Red Hat Enterprise Linux, together with cloud, virtualization, management, storage and service-oriented architecture (SOA) solutions, including Red Hat Enterprise Virtualization and JBoss Enterprise Middleware. Red Hat also offers support, training and consulting services to its customers worldwide. Learn more: www.redhat.com.
Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: risks related to delays or reductions in information technology spending; the effects of industry consolidation; the ability of the Company to compete effectively; uncertainty and adverse results in litigation and related settlements; the integration of acquisitions and the ability to market successfully acquired technologies and products; the inability to adequately protect Company intellectual property and the potential for infringement or breach of license claims of or relating to third party intellectual property; the ability to deliver and stimulate demand for new products and technological innovations on a timely basis; risks related to data and information security vulnerabilities; ineffective management of, and control over, the Company's growth and international operations; fluctuations in exchange rates; and changes in and a dependence on key personnel, as well as other factors contained in our most recent Annual Report on Form 10-K (copies of which may be accessed through the Securities and Exchange Commission's website at http://www.sec.gov), including those found therein under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations". In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic and political conditions, governmental and public policy changes and the impact of natural disasters such as earthquakes and floods. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this press release.
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1 Evans Data's Global Developer Population and Demographic Survey, Dec 2011, evansdata.com