Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced that its leading operating platform, Red Hat Enterprise Linux, is driving further enterprise adoption of cloud computing. Building on the strong, long-term technology collaboration between Red Hat and Verizon Business, today Red Hat Enterprise Linux is offered as one of the first two operating system platforms available for Verizon Business' new Computing as a Service (CaaS) solution.
Verizon CaaS is a new on-demand solution that enables business and government agencies to take advantage of cloud computing to control IT costs and improve operational flexibility. CaaS enables customers to manage IT resources, including server, network and storage, efficiently and securely, meeting today's business demands.
Red Hat Enterprise Linux provides a reliable, high-performance, secure open source platform on which to base cloud deployments. Red Hat Enterprise Linux also offers over 3,000 certified software applications and is used today on millions of systems worldwide.
"Verizon Business is now delivering to customers what we believe to be the most comprehensive and secure cloud-based computing solution on the market," said Michael Marcellin, vice president of global managed solutions, Verizon. "Verizon CaaS was engineered to meet the challenging security needs and performance requirements faced by enterprises and the Red Hat Enterprise Linux operating system is playing a big part as we bring this unique offering to customers around the world."
"As a key technology partner in Verizon Business' new cloud-based CaaS solution, we are excited to play a critical role in offering more opportunities for enterprises to leverage cloud computing models," said Mike Evans, vice president, Corporate Development at Red Hat. "Red Hat Enterprise Linux is running many of the world's largest cloud deployments today, and now the opportunity for open source cloud computing is extended to more enterprises with Red Hat Enterprise Linux as part of Verizon Business' new CaaS offering."
The Verizon CaaS solution, including the option of the Red Hat Enterprise Linux operating platform, is immediately available from Verizon Business in the U.S. and Europe and will be rolled out to the Asia-Pacific region in August. For more information, visit http://www.verizonbusiness.com/products/itsolutions/caas.
Red Hat will host the virtual Open Source Cloud Computing Forum on July 22, 2009, offering developers, vendors and customers the opportunity to present and discuss how open source software and standards will advance the development and value of cloud computing environments. For more information, to register or to suggest a presentation, visit red-hat-announces-open-source-cloud-computing-forum.
For more information about Red Hat, visit www.redhat.com. For more news, more often, visit www.press.redhat.com.
About Red Hat, Inc.
Red Hat, the world's leading open source solutions provider, is headquartered in Raleigh, NC with over 65 offices spanning the globe. CIOs ranked Red Hat first for value in Enterprise Software for four consecutive years in the CIO Insight Magazine Vendor Value survey. Red Hat provides high-quality, affordable technology with its operating system platform, Red Hat Enterprise Linux, together with applications, management and Services Oriented Architecture (SOA) solutions, including JBoss Enterprise Middleware. Red Hat also offers support, training and consulting services to its customers worldwide. Learn more: http://www.redhat.com.
About Verizon Business
Verizon Business, a unit of Verizon Communications (NYSE: VZ), is a global leader in communications and IT solutions. We combine professional expertise with the worlds most connected IP network to deliver award-winning communications, IT, information security and network solutions. We securely connect todays extended enterprises of widespread and mobile customers, partners, suppliers and employees enabling them to increase productivity and efficiency and help preserve the environment. Many of the worlds largest businesses and governments including 96 percent of the Fortune 1000 and thousands of government agencies and educational institutions rely on our professional and managed services and network technologies to accelerate their business. Find out more at www.verizonbusiness.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 integration of acquisitions and the ability to market successfully acquired technologies and products; the ability of the Company to effectively compete; 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; adverse results in litigation; 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 conditions, and governmental and public policy changes. 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 the press release.
LINUX is a trademark of Linus Torvalds. RED HAT® and JBOSS® are registered trademarks of Red Hat, Inc. and its subsidiaries in the US and other countries.
- 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.
