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Red Hat’s Corporate Credit Rating Raised by Standard & Poor’s

  • December 21, 2011
Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, announced today that Standard & Poor’s Financial Services, LLC (S&P), a subsidiary of The McGraw Hill Companies, Inc. and a leading provider of financial market intelligence and foremost source of credit ratings, has upgraded Red Hat, Inc.’s credit rating to ‘BBB-’ from ‘BB+.’ S&P cited Red Hat’s strong recurring revenue and consistent earnings growth as the primary motivation behind the upgrade. “With S&P’s upgrade, Red Hat is now considered Investment Grade”, said Charlie Peters, CFO of Red... (more)

Daiwa Next Bank Deploys Red Hat Enterprise Linux as its Core Banking Platform

  • December 20, 2011
Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, today announced Daiwa Next Bank, the Internet bank of Daiwa Securities Group, headquartered in Tokyo, Japan, selected Red Hat Enterprise Linux as its enterprise operating system for its core banking system, realizing tremendous gains in the scalability and performance of its mission-critical system. In addition, the financial institution has reduced its technology costs by 50 percent by migrating from UNIX to Red Hat Enterprise Linux.

Open Virtualization Management Gains Momentum with Industry Support for oVirt Project

  • December 14, 2011
The oVirt project today announced that Canonical, Cisco, IBM, Intel, NetApp, Red Hat and SUSE have joined together to help create a new open source community for the development of open virtualization platforms, including virtual management tools to manage the Kernel-based Virtual Machine (KVM) hypervisor.  With the oVirt project, the industry gains an open source, openly governed virtualization stack.

Red Hat’s Middleware Product Updates Enhance Manageability and Usability For Enterprise IT Professionals

  • December 14, 2011
Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced significant updates to its JBoss Enterprise Middleware portfolio with the release of JBoss Enterprise Portal Platform 5.2, which includes the latest version of JBoss Enterprise Portal Platform Site Publisher, and JBoss Operations Network 3.0. These updates make it easier for organizations to take advantage of the power, flexibility and value that Red Hat provides.

Red Hat Releases First Integrated Scale-Out Storage Product for Unstructured Data

  • December 8, 2011
Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, today announced the availability of Red Hat Storage Software Appliance, which is its first integrated product that provides scale-out storage for unstructured data.     In early October, Red Hat announced that it had acquired Gluster, a leading provider of scale-out, open source storage solutions that extends the Red Hat solution portfolio with industry-leading capability for managing the storage of unstructured data. This acquisition brought together two companies with the same vision: to offer open source,... (more)

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In the press

8 IT automation mistakes to avoid
Enterprisers Project – February 8, 2018
With automation expanding inside IT–especially throughout the software development life cycle–we asked IT leaders and automation experts to help identify some of the key mistakes IT teams make as they automate an increasing number of processes. Pay attention to these issues up front to prevent them from hampering your own automation implementation.
Every company is becoming a technology company
Bloomberg – Februrary 6, 2018
The deal expands Red Hat's leadership in Kubernetes and containerization. If the next generation of software is going to be in a hybrid cloud world where part lives on premise in the datacenter and part in the public cloud, having a cloud-native fabric to deliver applications in a single way is going to be critical.
How I coined the term "open source"
Opensource.com – February 1, 2018
I am the originator of the term "open source software" and came up with it while executive director at Foresight Institute. This is my account of how I came up with it, how it was proposed, and the subsequent reactions. Of course, there are a number of accounts of the coining of the term, for example by Eric Raymond and Richard Stallman, yet this is mine, written on January 2, 2006. It has never been published, until today.
Who really contributes to open source?
ITWorld – February 7, 2018
Using the GitHub REST API to pull public profile information from all 2,060,011 GitHub users who were active in 2017 (“active” meaning 10 or more commits to public projects), Adobe developer Fil Maj was able to pull the total number of corporate contributors to GitHub, with results that might surprise you.
Open source is 20: How it changed programming and business forever
ZDnet – February 2, 2018
Every company in the world now uses open source software. And if you ever searched on Google, bought a book from Amazon, watched a movie on Netflix, or looked at your friend's vacation pictures on Facebook, you're an open source user. Open source has indeed become the model for practical software development. Besides Linux companies such as Canonical, Red Hat, and SUSE, technology businesses such as IBM and Oracle also adopted it. This, in turn, led to open source's commercial success.
Red Hat acquires CoreOS for $250 million in Kubernetes expansion
TechCrunch – January 30, 2018
The deal expands Red Hat's leadership in Kubernetes and containerization. If the next generation of software is going to be in a hybrid cloud world where part lives on premise in the datacenter and part in the public cloud, having a cloud-native fabric to deliver applications in a single way is going to be critical.

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