RALEIGH, N.C. - May 28, 2013 – Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, today announced that it has been named to CRN’s 2013 Virtualization 50 list. The annual listing highlights the companies with the most innovative virtualization solutions available today.
Selected by CRN editors, the 2013 CRN Virtualization 50 recognizes the vendors that are addressing an emerging market need for the channel and offering the most innovative solutions. The list is designed to help solution providers identify and evaluate virtualization products and programs to help grow their business.
Red Hat Enterprise Virtualization is the only mission-critical end-to-end, open source virtualization infrastructure designed for enterprise users that is available today. Virtualization is the cornerstone of cloud computing and Kernel-based Virtual Machine (KVM), which serves as the foundation for Red Hat’s virtualization initiatives, is a predominant hypervisor (1) in the cloud. Red Hat’s virtualization offerings are built on Red Hat Enterprise Linux, a proven enterprise-ready platform and extends the same hardware compatibility for ease of integration. The Red Hat Enterprise Virtualization 3.0 release, which debuted in Jan. 2012, marked a significant industry milestone, offering enterprise features, scalability and cost advantages to organizations. Red Hat Enterprise Virtualization 3.1, released in Dec. 2012, extended the platform's capabilities in the areas of storage, storage live migration, and performance.
“Solution providers have plenty of options when it comes to virtualization technology. However, understanding the diversity of vendors and their solution nuances can be incredibly daunting,” said Robert Faletra, CEO, UBM Tech Channel. “CRN’s annual list aims to cut down the noise and highlight the most innovative technology vendors that are not only delivering powerful virtualization technology, but also helping VARs capitalize on the market opportunity for such solutions.”
“Red Hat Enterprise Virtualization delivers an open alternative to proprietary solutions, and we are honored to be included in CRN’s Virtualization 50 and continue our leadership in the open virtualization market,” said Radhesh Balakrishnan, general manager, Virtualization, Red Hat. “The release of Red Hat Enterprise Virtualization 3.1 accelerated our feature and performance velocity, and we are excited about increasing the number of organizations deploying RHEV to reduce costs and improve agility without prohibitive license costs.”
Partners interested in selling Red Hat Enterprise Virtualization or any of Red Hat's datacenter infrastructure solutions can find more information at redhat.com/partners.
The 2013 Virtualization 50 list is featured in the May issue of CRN Magazine and will be featured online at www.crn.com.
(1) https://www14.software.ibm.com/webapp/iwm/web/signup.do?source=stg-web&…
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About Red Hat, Inc.
Red Hat is the world’s leading provider of open source software solutions, taking a community-powered approach to reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. As the connective hub in a global network of enterprises, partners, and open source communities, Red Hat helps create relevant, innovative technologies that liberate resources for growth and prepare customers for the future of IT. Learn more at http://www.redhat.com.
Forward-Looking Statements
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; the integration of acquisitions and the ability to market successfully acquired technologies and products; uncertainty and adverse results in litigation and related settlements; 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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- About Red Hat
Red Hat is the world’s leading provider of open source software solutions, using a community-powered approach to reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. As the connective hub in a global network of enterprises, partners, and open source communities, Red Hat helps create relevant, innovative technologies that liberate resources for growth and prepare customers for the future of IT. Learn more at http://www.redhat.com.
- Forward-Looking Statements
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; the integration of acquisitions and the ability to market successfully acquired technologies and products; uncertainty and adverse results in litigation and related settlements; 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 Quarterly Report on Form 10-Q (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.