red hat inc (RHT:New York)
red hat inc (RHT) Snapshot
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Open
$52.66
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Previous Close
$52.65
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Day High
$52.99
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Day Low
$51.84
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52 Week High
09/14/12 - $60.00
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52 Week Low
12/5/12 - $46.34
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Market Cap
9.8B
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Average Volume 10 Days
2.4M
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EPS TTM
$0.78
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Shares Outstanding
189.6M
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EX-Date
--
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P/E TM
66.5x
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Dividend
--
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Dividend Yield
--
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red hat inc (RHT) Latest News
red hat inc (RHT) Related Businessweek News
red hat inc (RHT) Details
Red Hat, Inc. provides open source software solutions primarily to enterprise customers worldwide. The company develops and offers operating system, middleware, virtualization, storage, and cloud technologies. Its products include Red Hat Enterprise Linux, an operating system designed for enterprise computing; Red Hat JBoss Middleware that offers a range of middleware offerings for developing, deploying, and managing applications that are accessible via the Internet, enterprise Intranets, extranets, clouds, and virtual private networks; and Red Hat Virtualization, which includes standalone virtualization functionality and management tools for server and desktop deployments. The company also offers Red Hat Storage Server software that enables users to treat storage as a virtualized resource, for deployment on-premise and in public, or hybrid clouds, as well as aggregates disk and memory resources into a unified storage capability. In addition, it provides various cloud, storage, and systems management offerings, as well as offers training, consulting, and support services; and other technologies, such as for software development, high-performance distributed computing, directory services, and user authentication. The company sells its enterprise technologies through annual or multi-year subscriptions. Red Hat, Inc. has strategic alliances with Advanced Micro Devices, Inc.; Intel Corporation; Amazon.com, Inc.; Fujitsu Limited; International Business Machines Corporation; and Rackspace Hosting, Inc. 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.
red hat inc (RHT) Top Compensated Officers
red hat inc (RHT) Key Developments
Red Hat, Inc. has expanded its Technical Account Management Services portfolio to include specific support for SAP(R) solutions. Now, Red Hat customers who also use SAP products can benefit from Red Hat Technical Account Managers (TAMs) specializing in SAP solutions, allowing customers to benefit from the TAMs' in-depth knowledge and expertise and proactive guidance. Red Hat's TAM support for SAP solutions builds on an already strong platform of services offered to customers of both companies by taking existing support systems a level further. Red Hat's TAMs have in-depth knowledge and expertise on SAP solutions, allowing them to provide customers with guidance and insight into their installations, including recommendations on strategic and proactive planning, technical and product roadmaps, and more. As a result, TAMs help organizations optimize their environments running SAP software with Red Hat's solutions, enabling businesses running technologies from both SAP and Red Hat to get the most out of their investments. Red Hat's Technical Account Management Services portfolio provides customers with access to a single, dedicated senior resource who works collaboratively with them to optimize their solutions for their business. Red Hat's TAMs offer customers personalized and proactive guidance based on familiarity with each customer's environment and business goals, as well as overall industry best practices. TAM customers also receive priority access for product feature requests and fixes and visibility into current and future Red Hat products. Red Hat TAM services for SAP solutions are now globally available for any subscribing Red Hat customer.
Red Hat, Inc. has introduced WildFly as the successor to the JBoss Application Server project. WildFly represents both a brand refresh for the project and a renewal of its vision to drive the next generation of application server technologies. The name was chosen by members of the open source community on JBoss.org during a special election in late 2012. The technology will continue to serve as the upstream project for company's JBoss Enterprise Application Platform and addresses some of the key forces shaping middleware, including the shift toward more flexible and modern approaches to application development, open hybrid cloud enablement, and Java Enterprise Edition 7 (Java EE 7).
Red Hat, Inc. Presents at JMP 12th Annual Research Conference, May-15-2013 11:00 AM. Venue: The Ritz-Carlton, San Francisco, 600 Stockton Street, San Francisco, CA 94108, United States. Speakers: Mike Evans, VP, Technical Business Development.
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| RHT:US | $51.86 USD | -0.79 | |
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Industry Analysis
RHT
Industry Average
| Valuation | RHT | Industry Range |
| Price/Earnings | 68.6x |
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| Price/Sales | 7.7x |
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| Price/Book | 6.7x |
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| Price/Cash Flow | 66.5x |
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| TEV/Sales | 6.9x |
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