Displaying items by tag: Jim WHitehurst

IBM-owned open source provider Red Hat has appointed Paul Cormier as its president and chief executive, succeeding Jim Whitehurst who has become the president of IBM.

Published in Open Source

Tech giant IBM will sell one of its remaining divisions and disappear into the company it acquired last year — open source firm Red Hat — the veteran technology scribe Robert X. Cringely says in his annual tech predictions.

Published in Enterprise Solutions
Wednesday, 10 July 2019 05:01

IBM closes acquisition of Red Hat for US$34b

IBM and Red Hat have announced they have closed the deal under which the former acquired the open source firm for approximately US$34 billion in an acquisition announced last October.

Published in Deals

Open source company Red Hat has recorded an increase of 15% in its revenue year-on-year for the first quarter of the 2020 fiscal year which ended on 31 May.

Published in Open Source

Open source firm Red Hat, now owned by IBM, has crossed the US$3 billion annual revenue line for the first time, raking in US$3.4 billion, an increase of 15% year-on-year, for the financial year that ended on 28 February.

Published in Open Source
Monday, 29 October 2018 05:28

IBM to acquire Red Hat for US$34 billion

Tech services and hardware vendor IBM has acquired open source company Red Hat for a sum of about US$34 billion, the two companies announced on Sunday, US time.

Published in Deals

Red Hat is a successful, public open source software company. It’s the first open source company to crack US$1 billion in revenue and is closing in on US$3 billion. Here is some advice from the chief executive for your own business.

Published in The Linux Distillery

Open source company Red Hat crossed the US$2 billion mark in annual revenue some time ago and indications are that the 24-year-old firm will soon cross the next revenue milestone – US$3 billion. There is, thus, no reason for the company to continue to do deals with the NSA, given that the philosophy it advocates in public stands in marked contrast to what the NSA does.

Published in Open Sauce

Open source company Red Hat has announced revenue of US$772 million for the fourth quarter of the 2018 financial year which ended on 28 February, bringing it very close to recording US$3 billion in annual revenue.

Published in Open Source

Red Hat is on track to record a third year of US$2 billion-plus revenue, with results for the second quarter of fiscal 2018 showing the company had raked in US$723 million, an increase of 21% on the corresponding quarter a year ago.

Published in Open Source
Wednesday, 21 June 2017 09:26

Red Hat 1Q results beat analysts' expectations

Open source provider Red Hat has beaten analysts' expectations in its results for the first quarter of the fiscal year 2018.

Published in Open Source
Friday, 21 October 2016 12:55

Nadella's trust talk is just so much hot air

Microsoft chief executive Satya Nadella appears to have an incredibly short memory. Else he would be the last person who talks about trust being the most pressing issue in tech in our times.

Published in Open Sauce
Thursday, 22 September 2016 08:52

Red Hat sees revenue rise in second quarter

Red Hat has reported earnings of US$600 million for the second quarter of the current financial year, an increase of 19% year-on-year.

Published in Open Source

Red Hat chief executive Jim Whitehurst has published a book called The Open Organisation which, it is claimed in a promotional video, mirrors the way Red Hat operates.

Published in Open Sauce

Linux and open source solutions provider Red Hat, has reported a net profit of US$48 million for the first quarter of its current fiscal year, an increase of 26 per cent on the corresponding quarter in the previous fiscal year.

Published in Open Source
Tuesday, 03 April 2012 11:13

Red Hat donates money to FOSS community bodies

Red Hat Linux, the free and open source software company that recently reported its first billion-dollar-plus year of revenue, has donated $100,000 to four prominent FOSS organisations.

Published in Open Source

WEBINARS ONLINE & ON-DEMAND

GUEST ARTICLES

VENDOR NEWS

Guest Opinion

Guest Interviews

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News

Comments