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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

Why Red Hat makes more money on Docker than Docker does
TechRepublic – December 23, 2016
Docker is sticking close to Red Hat's playbook, open sourcing its code. Not content to stop there, however, Docker has also been buying companies and open sourcing their code, too—just as Red Hat has done (Gluster, 3scale, etc.).
Insights on Red Hat, SUSE & Canonical; The Major Linux Companies
The FOSS Post – January 11, 2017
Open source software were always promisable. Thanks for the collaboration, opportunities and infrastructure that it provides to both end users and enterprises. Linux is an amazing example for a successful open source code which shapes future.
Red Hat OpenShift Container Platform 3.4 Improves Storage
eWeek – January 18, 2017
New release of Red Hat's enterprise-grade container platform is based on the recent Kubernetes 1.4 milestone, adding new dynamic storage capabilities and an enhanced dashboard.
Red Hat CEO Says Users Are Driving Business Software Innovation
Wall Street Journal – January 23, 2017
The center of innovation in business software has shifted toward users in the corporate world, according to Jim Whitehurst, CEO of open-source software pioneer Red Hat Inc.
The 20 Coolest Cloud Platform And Development Vendors Of The 2017 Cloud 100
CRN – February 1, 2017
Businesses discovering the emerging competitive landscape requires them to build and deploy software rapidly are increasingly turning to Platform-as-a-Service solutions to power their digital transformations.
Blockchain: The Invisible Technology That's Changing the World
PCMag India – February 6, 2017
Blockchain isn't a household buzzword, like the cloud or the Internet of Things. It's not an in-your-face innovation you can see and touch as easily as a smartphone or a package from Amazon.

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