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[News] Red Hat Funds Linux Events and Gets a Boost in the Market

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The Florida Linux Show 2009 Orlando Sponsored by Red Hat 


Benchmark Is Optimistic About IPOs

,----[ Quote ]
| Now some venture-capital firms are trying to tamp down the anxiety levels 
| over taking a company public. Earlier this week, Benchmark Capital–which has 
| invested in hits such as eBay and Red Hat over the years–held an IPO workshop 
| for 20 of its largest portfolio companies. The event was designed to walk 
| startup CEOs through the IPO landscape and to debunk some of the myths about 
| the hurdles of going public.     


Red Hat (RHT) Bullish Technical Alert - Trend Up 45.2% - 

,----[ Quote ]
| Red Hat (NYSE:RHT) is trading 2.1% higher (up $0.48 to $23.72) today on 
| volume of 2,464,566 shares. The stock has breached its 52-week high of 
| $23.48.  


Red Hat, Chevron: Money Flow Leaders (RHT, CVX) 



Red Hat: From manic acquisitions to focused execution

,----[ Quote ]
| Red Hat is at the top of its game right now, delivering quarter after quarter
| of impressive performance despite (or, perhaps, because of) a global
| recession. But it wasn't always thus. Despite a meteoric initial public
| offering in 1999, Red Hat spent years fumbling about for a winning game plan,
| dabbling in technologies that took it far beyond its core competence in
| operating systems.


Red Hat Stories: Don't call them videos

,----[ Quote ]
| It's not exactly the Sundance Film Festival, but Red Hat's new Red Hat
| Stories film series is setting the standard for technology marketing through
| film.


Red Hat revenue surges 11%

,----[ Quote ]
| Software company Red Hat continued its recession-defying performance by
| posting an 11 percent increase in quarterly revenue that outpaced analysts'
| expectations.


16 Videos from Red Hat: Some Marketing, But Good Perspectives Too

,----[ Quote ]
| The Value of Red Hat in Jim's Words. Whitehurst discusses why open source
| software is a good alternative to proprietary software, and more.
| Red Hat's Technologies. From virtualization to JBoss middleware, here's a
| primer.
| The Subscription Model. Many commercial open source companies have emulated
| Red Hat's subscription model. Here's the company's explanation of it.
| Liberating Innovation. This video delves into open standards, software
| licensing, software patents, and more.


Red Hat: Bad economy is good for open source

,----[ Quote ]
| In fact, on Red Hat's earnings call, Chief Executive Jim Whitehurst
| indicated: "Budgets remain tight and we don't see an end in sight for this.
| In relative terms, this is pretty good for us." He went on to call out the
| big differentiator for Red Hat's business: certified ecosystem.


Red Hat CEO Calls on Oracle to Keep Java Open

,----[ Quote ]
| But Java is also playing an important part of Red Hat's business. During
| yesterday's call, Whitehurst said that Red Hat's JBoss Java middleware
| business is a key part of its product mix, while Red Hat CFO Charlie Peters
| added that during the first quarter, Red Hat had five deals that were worth
| $1 million or more, two of which were standalone middleware deals.


Red Hat unit expects 100% revenue jump for fiscal 2010

,----[ Quote ]
| The Mexican unit of US Linux operating systems integrator Red Hat (NYSE: RHT)
| expects revenues to increase 100% during its fiscal year 2010, which will end
| February 28, unit director Gerardo Flores told BNamericas without providing
| hard figures.


Linux distributor Red Hat reports 7 percent increase in profits


Red Hat Beats as Frugal Firms Embrace Linux

,----[ Quote ]
| "With overall IT spending down on a year-over-year basis, our largest
| customers continue to renew and spend more with Red Hat," said Jim
| Whitehurst, the Red Hat CEO, during a conference call late Wednesday.


Red Hat profit rises, bucks tech industry trend

,----[ Quote ]
| Software company Red Hat Inc (RHT.N) reported a modest jump in quarterly
| profit, bucking an industry trend of declining earnings, thanks to a reliable
| business model through which it books sales over multiple years.
| [...]
| The company, whose rivals include Novell Inc (NOVL.O) and Microsoft Corp
| (MSFT.O), sells upgrades, help-desk support and bug fixes for Linux software.
| It has weathered the recession better than computer makers and many software
| companies because Red Hat customers buy its service in subscriptions over the
| course of several years, giving it a predictable revenue stream.


Red Hat plans more hiring after adding 600 employees

,----[ Quote ]
| Despite the worst recession in decades, Linux giant Red Hat added 600
| employees to its rolls during the 12 months that ended Feb. 28, and the
| Raleigh company anticipates more hiring going forward, according to a filing
| Wednesday with the U.S. Securities and Exchange Commission.

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