Red Hat

Top US Technology Company

Red Hat

100 East Davie Street, Raleigh, NC 27601

Provider of open-source enterprise software solutions.

About Red Hat

North Carolina – United States – 13000 Employees

Website: redhat.com
Stock Symbol: IBM
Industry SIC Code: 7372

Glassdoor Company Results: Red Hat

Google News Results: Red Hat
Annual Revenue: 4B

Red Hat – A Comprehensive Overview

Company Overview

Red Hat, founded in 1993 and headquartered in Raleigh, North Carolina, is a global leader in open-source software solutions. The company provides enterprise IT solutions built on open-source technologies, with a focus on cloud computing, Linux, automation, and middleware. Red Hat is best known for its flagship product, Red Hat Enterprise Linux (RHEL), which has become a standard in enterprise environments for running mission-critical applications. Acquired by IBM in 2019 for $34 billion, Red Hat operates as an independent subsidiary, contributing to IBM’s hybrid cloud strategy.

Financial Data

As a subsidiary of IBM, Red Hat’s financial data is included in IBM’s reports, but the company continues to perform strongly. Prior to its acquisition, Red Hat generated approximately $3.4 billion in annual revenue in 2019, with consistent growth driven by its subscription-based business model. Since joining IBM, Red Hat has been instrumental in driving growth within IBM’s hybrid cloud and AI business segments.

Search the U.S. Security and Exchange Commission for Red Hat IBM Filings on Edgar.

Company Size and Structure

Red Hat has over 20,000 employees globally, operating in more than 100 countries. The company has a decentralized structure, with regional offices across North America, Europe, Asia, and Latin America. While Red Hat maintains its autonomy under IBM, its leadership team works closely with IBM executives to drive integration into IBM’s broader technology ecosystem while preserving the open-source philosophy.

Key Decision-Makers and Contacts

Key executives at Red Hat include:

Matt Hicks, President and CEO: Responsible for overall strategy and leadership.
Paul Cormier, Chairman: Former CEO who guided Red Hat through its growth and acquisition by IBM.
Carolyn Nash, CFO: Oversees financial operations and drives strategic investments.
Dirk-Peter van Leeuwen, SVP & GM of North America: Responsible for business growth in the U.S. and Canada.
These leaders work to maintain Red Hat’s commitment to open-source communities while aligning the company with IBM’s hybrid cloud vision.

Market Position

Red Hat is the global leader in enterprise Linux solutions, holding a dominant position in the cloud and open-source software markets. Red Hat Enterprise Linux is widely used by Fortune 500 companies, making it the de facto choice for enterprises looking for a secure, reliable, and scalable platform. Red Hat’s focus on hybrid cloud environments and partnerships with major cloud providers such as AWS, Microsoft Azure, and Google Cloud further strengthens its market position.

Products and Services

Red Hat’s product offerings span a wide range of enterprise IT needs:

Red Hat Enterprise Linux (RHEL): The flagship Linux operating system for enterprise-grade performance and security.
OpenShift: A Kubernetes-based platform for deploying and managing containerized applications in cloud environments.
Ansible: An open-source automation platform that simplifies IT processes.
Red Hat OpenStack: A cloud computing platform for building private clouds.
Red Hat Satellite: A system management solution for managing RHEL deployments at scale.
JBoss Middleware: A suite of middleware solutions for building and integrating enterprise applications.

Digital Presence

Red Hat maintains a strong digital presence through its website, developer community portals, and social media channels. The company regularly publishes case studies, technical documentation, and open-source contributions, emphasizing transparency and community involvement. Red Hat is also active in content marketing, utilizing webinars, virtual events, and podcasts to engage with its developer and enterprise user base. NC Zoominfo Pricing.

Technological Infrastructure

Red Hat’s technological infrastructure is centered on open-source technologies, which form the backbone of its offerings. Red Hat Enterprise Linux serves as the foundation for many enterprises’ IT environments, while OpenShift has emerged as a leading platform for container orchestration in multi-cloud and hybrid cloud environments. Red Hat’s commitment to security and compliance is reflected in its hardened, enterprise-grade solutions that prioritize scalability, reliability, and interoperability.

Company Culture

Red Hat’s culture is deeply rooted in the principles of open-source collaboration. The company promotes an inclusive and transparent work environment, where employees are encouraged to contribute to open-source projects and communities. Red Hat’s emphasis on innovation, meritocracy, and collaboration has made it a highly attractive workplace, particularly for developers and engineers who are passionate about open-source technologies.

Industry and Regulatory Compliance

Red Hat’s solutions are widely adopted in industries with stringent regulatory requirements, including finance, healthcare, and government. The company ensures that its products comply with global standards such as GDPR, HIPAA, and SOC 2. Additionally, Red Hat’s commitment to security and compliance is demonstrated through its certifications and secure product offerings, particularly in industries like defense and finance, where security is paramount.

Partnerships & Affiliations

Red Hat has established strategic partnerships with leading cloud providers, including Amazon Web Services (AWS), Microsoft Azure, and Google Cloud, enabling organizations to run Red Hat solutions in public, private, and hybrid cloud environments. The company also works closely with hardware vendors like Dell, HP, and IBM to ensure compatibility and optimization for enterprise IT infrastructure. Its large partner ecosystem also includes certified consultants, resellers, and training providers.

Public Relations & Media

Red Hat frequently engages with the media and tech industry analysts, positioning itself as a leader in open-source and hybrid cloud solutions. The company regularly participates in high-profile industry events like Red Hat Summit, where it showcases innovations and shares customer success stories. The acquisition by IBM brought additional media attention, with industry analysts viewing the deal as a critical component of IBM’s transformation into a hybrid cloud leader.

Competitive Landscape

Red Hat faces competition from other enterprise software vendors like VMware, SUSE, and Canonical (the makers of Ubuntu). In the container and cloud-native space, OpenShift competes with platforms like VMware Tanzu and Google Kubernetes Engine. However, Red Hat’s commitment to open-source principles, its strong partnerships with cloud providers, and its market dominance with RHEL give it a competitive edge. Red Hat’s ability to integrate with both private and public cloud infrastructures also sets it apart in the hybrid cloud space.

Stock Market Information

As Red Hat is now a subsidiary of IBM, it is no longer publicly traded. The acquisition by IBM was completed in July 2019 for $34 billion, making it one of the largest software acquisitions in history. The financial performance of Red Hat is now reflected in IBM’s earnings reports, where the company plays a pivotal role in driving revenue growth in IBM’s cloud and cognitive software division.

Market Activity for Red Hat

Customer Base and Reviews

Red Hat’s customer base includes major corporations, financial institutions, government agencies, and educational institutions. Notable customers include Verizon, ING, and the European Space Agency. Red Hat’s solutions are known for their reliability, scalability, and security, particularly in large, complex IT environments. Customer reviews often highlight the flexibility and control provided by Red Hat’s open-source solutions, though some users note the complexity involved in implementation and management.

Summary of Red Hat

Red Hat is a global leader in enterprise open-source solutions, offering a wide range of products that support cloud computing, automation, and hybrid IT infrastructures. With its flagship Red Hat Enterprise Linux (RHEL) and other open-source platforms like OpenShift and Ansible, Red Hat continues to drive innovation in enterprise IT environments. Now a key part of IBM’s hybrid cloud strategy, Red Hat is well-positioned for growth in the era of cloud-native and AI-driven enterprise solutions. Its strong community-driven culture, focus on regulatory compliance, and extensive partnerships make it a trusted name in enterprise technology.

This overview provides sales, marketing, and research professionals with detailed insights into Red Hat’s market position, product offerings, and strategic growth within the open-source and cloud industries.

Red Hat Email Lists