Red Hat Wins Gold at Team Massachusetts Economic Impact Awards

RALEIGH

December 3, 2013

Recognition highlights commitment to its R&D headquarters in the Commonwealth

Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced that it has been named the gold winner for the Northeast region in the 10th annual Team Massachusetts Economic Impact Awards. The awards were given by MassEcon, a non-profit organization dedicated to promoting the Commonwealth of Massachusetts as the premier choice for business growth, and honors businesses throughout the Commonwealth for their impact and contributions in the areas of job growth, facility expansion, investment and community involvement.

Red Hat was nominated for the award by members of the 495/MetroWest Partnership in recognition of a recent expansion project that added 100,000 square feet to its existing 75,000-square-foot engineering facility in Westford, Mass., and capacity for an additional 300 employees. Construction of the additional space was completed in 2013.

Winners were recognized across five geographic regions in the Commonwealth by MassEcon during a ceremony on November 26. Addressing attendees at the event, Massachusetts Secretary of Housing and Economic Development, Greg Bialecki, encouraged listeners to recognize and celebrate success and innovation, and continue working together to establish Massachusetts as a global brand.

 

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Paul Cormier (far right), president, Products and Technologies, Red Hat, accepts the Northeast Gold award from MassEcon Executive Director, Susan Houston, and Chairman, Fred Mulligan, during the 10th annual Team Massachusetts Economic Impact Awards ceremony. Photo courtesy of Janet Stearns.

 

“MassEcon is proud to honor Red Hat for staying and growing here. This award demonstrates our appreciation for the significant commitment these companies have made throughout the Commonwealth, and this year, in particular, we have seen a resurgence in job growth and investment that deserves recognition,” stated Susan Houston, executive director, MassEcon.

“Red Hat has long had a significant presence in Massachusetts as it has been a strategic and valuable home for our research and development headquarters,” said Paul Cormier, president, Products and Technologies, Red Hat. “Red Hat’s customers include many of the world’s largest enterprises and we rely on our talented associates to keep us at the forefront of technology innovation. Massachusetts has consistently shown us that it has a strong talent pool and deep commitment as a leader in the technology sector, which was a large part of our decision to not only put roots down here, but to grow our product engineering here.”

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