Last $60.73 USD
Change Today +1.04 / 1.74%
Volume 1.1M
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As of 6:40 PM 09/16/14 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

100 East Davie Street

Raleigh, NC 27601

United States

Phone: 919-754-3700


May 2014, Red Hat, Inc. and eNovance announced a new collaboration to drive Network Functions Virtualization (NFV) and telecommunications innovations into OpenStack. In May 2014, Red Hat, Inc. announced collaboration with NetApp to deliver an open hybrid cloud reference architecture based on OpenStack IceHouse. In September 2014, Nokia Networks and Red Hat, Inc. have extended their collaboration to enable mobile operators to create a more efficient and flexible telco cloud infrastructure. History The company was founded in 1993. It was incorporated in Connecticut in 1993 as ACC Corp., Inc., which changed its name to Red Hat Software, Inc. Red Hat Software, Inc. was reincorporated in Delaware in 1998 and changed its name to Red Hat, Inc. in 1999.


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Industry Average

Valuation RHT Industry Range
Price/Earnings 65.1x
Price/Sales 7.1x
Price/Book 7.4x
Price/Cash Flow 64.3x
TEV/Sales 6.6x

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