Red Hat Software

Software company

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Red Hat, Inc. is an American multinational software company providing open source software products to the enterprise community. Founded in 1993, Red Hat has its corporate headquarters in Raleigh, North Carolina, with other offices worldwide. It became a subsidiary of IBM on July 9, 2019. Red Hat has become associated to a large extent with its enterprise operating system Red Hat Enterprise Linux.
Red Hat Software
Definition
Red Hat, Inc. is an American multinational software company providing open source software products to the enterprise community. Founded in 1993, Red Hat has its corporate headquarters in Raleigh, North Carolina, with other offices worldwide. It became a subsidiary of IBM on July 9, 2019. Red Hat has become associated to a large extent with its enterprise operating system Red Hat Enterprise Linux.
Red Hat Software
Red Hat Software
Red Hat, Inc. is an American multinational software company providing open source software products to the enterprise community. Founded in 1993, Red Hat has its corporate headquarters in Raleigh, North Carolina, with other offices worldwide. It became a subsidiary of IBM on July 9, 2019. Red Hat has become associated to a large extent with its enterprise operating system Red Hat Enterprise Linux.

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Red Hat Software

Red Hat Software
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The bigger picture concerns tectonic shifts in Big Blue’s overall business strategy. Last year’s $34 billion acquisition of open source software giant Red Hat seems to be paying off. In its Q4 2019 results, IBM posted what analysts called surprising revenue growth: cloud and cognitive software revenue were up 9 percent, while Red Hat posted 24 percent revenue growth.

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