Last €57.85 EUR
Change Today +1.93 / 3.45%
Volume 680.0
RHI On Other Exchanges
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As of 3:14 PM 12/23/14 All times are local (Market data is delayed by at least 15 minutes).

red hat inc (RHI) Snapshot

Open
€55.99
Previous Close
€55.92
Day High
€57.85
Day Low
€55.94
52 Week High
12/23/14 - €57.85
52 Week Low
04/29/14 - €34.53
Market Cap
10.9B
Average Volume 10 Days
494.6
EPS TTM
--
Shares Outstanding
187.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for RED HAT INC (RHI)

red hat inc (RHI) Details

Red Hat, Inc. provides open source software solutions to enterprise customers worldwide. It develops and offers operating system, virtualization, middleware, storage, and cloud technologies. The company’s products include Red Hat Enterprise Linux, an operating system for enterprise computing that runs on mainframes, servers, and work stations; Red Hat Enterprise Virtualization, which includes standalone virtualization functionality and management tools for server and desktop deployments; and Red Hat JBoss Middleware that offers middleware offerings for developing, deploying, and managing applications that are accessible through the Internet, enterprise Intranets, extranets, clouds, and virtual private networks. It also offers Red Hat Storage Server software that enables users to treat storage as a virtualized resource, for deployment on-premise and in cloud computing and hybrid environments, as well as aggregates disk and memory resources into a unified storage pool; and Red Hat cloud offerings that assist users in creating cloud computing environments, such as Red Hat CloudForms, Red Hat Enterprise Linux OpenStack Platform, Red Hat Cloud Infrastructure, and OpenShift by Red Hat. In addition, the company provides Red Hat enterprise services comprising technologies, such as high-performance distributed computing, directory services, and user authentication, as well as offers consulting, support, and training services. Red Hat, Inc. sells its enterprise technologies through annual or multi-year subscriptions. It has strategic partnerships with Advanced Micro Devices, Inc.; ARM Holdings plc; Intel Corporation; Amazon.com, Inc.; Fujitsu; Google Inc.; IBM; and Rackspace Hosting, Inc, as well as collaboration agreement with Wipro Limited and Applied Micro Circuits Corporation. The company was formerly known as Red Hat Software, Inc. and changed its name to Red Hat, Inc. in June 1999. Red Hat, Inc. was founded in 1993 and is headquartered in Raleigh, North Carolina.

6,300 Employees
Last Reported Date: 04/24/14
Founded in 1993

red hat inc (RHI) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $800.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $480.0K
Interim Chief Technology Officer, Executive V...
Total Annual Compensation: $480.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $418.8K
Chief People Officer of People and Executive ...
Total Annual Compensation: $362.5K
Compensation as of Fiscal Year 2014.

red hat inc (RHI) Key Developments

Huawei Technology Co., Ltd. and Red Hat Partner for OpenStack based cloud solutions

Huawei Technologies Co. Ltd. and Red Hat, Inc., have partnered to enable OpenStack based cloud deployments. By expanding their relationship, Huawei and Red Hat aim to accelerate collaboration around OpenStack for Network Functions Virtualization (NFV) required by Communication Service Providers (CSPs). Huawei and Red Hat aim to combine Huawei's world class domain expertise and extensive global experience with telecommunications companies and Red Hat's leading OpenStack and open source expertise to help CSPs embrace cloud computing with a carrier grade OpenStack solution. Huawei and Red Hat plan to integrate Red Hat Enterprise Linux OpenStack Platform and Huawei's FusionSphere Cloud OS at the management layer to offer a unified open, flexible, and production-ready cloud solution to support telecommunication carriers' NFV evolution. Working together, Huawei and Red Hat plan to align upstream contributions, engineering, product, and go-to-market efforts to drive the adoption of OpenStack for NFV implementations by CSPs. Huawei and Red Hat will work together to contribute NFV enabling features to the upstream OpenStack community, which are required by CSP cloud deployments, and serve as the foundation of highly scalable Infrastructure-as-a-Service (IaaS) solutions. By contributing results from their collaboration to the upstream community, Red Hat and Huawei are enabling the broader OpenStack community to benefit from their collaboration, unlike approaches that favor proprietary add-ons and further vendor lock-in. Through open collaboration with partners like Red Hat, Huawei aims to support the business reform and transformation of the telecom industry. This partnership will focus on NFV and the development of joint solutions to foster an open, interconnected, and innovative ecosystem that supports the entire OpenStack community.

Huawei and Red Hat, Inc. Announces New Global Partnership to Enable OpenStack-Based Cloud Deployments

Huawei and Red Hat, Inc. announced a new global partnership to enable OpenStack-based cloud deployments. By expanding their relationship, Huawei and Red Hat aim to accelerate collaboration around OpenStack for Network Functions Virtualization (NFV) required by Communication Service Providers (CSPs). As part of this initiative, Huawei and Red Hat aim to combine Huawei's world class domain expertise and extensive global experience with telecommunications companies and Red Hat's leading OpenStack and open source expertise to help CSPs embrace cloud computing with a carrier-grade OpenStack solution. Huawei and Red Hat plan to integrate Red Hat Enterprise Linux OpenStack Platform and Huawei's FusionSphere Cloud OS at the management layer to offer a unified open, flexible, and production-ready cloud solution to support telecommunication carriers' NFV evolution. Working together, Huawei and Red Hat plan to align upstream contributions, engineering, product, and go-to-market efforts to drive the adoption of OpenStack for NFV implementations by CSPs.

Red Hat, Inc. Announces the Resignation of Marye Anne Fox as Board of Directors

By letter dated December 1, 2014, Dr. Marye Anne Fox notified Red Hat, Inc. that she has decided not to stand for re-election at the company's 2015 Annual Meeting of Stockholders and is resigning from the company's Board of Directors, effective at the company's 2015 Annual Meeting.

 

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RHI

Industry Average

Valuation RHI Industry Range
Price/Earnings 76.1x
Price/Sales 7.6x
Price/Book 10.6x
Price/Cash Flow 75.0x
TEV/Sales 6.7x
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