Mizuho Securities Remains Bullish on Red Hat (RHT) Following Strong 1Q

Red Hat Announces $1 Billion Stock Repurchase Program

RALEIGH, N.C.--(BUSINESS WIRE)-- Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced that its Board of Directors has authorized the repurchase of up to $1 billion of the Companys common stock from time to time on the open market or in privately negotiated transactions.

The new program is to replace the previous $500 million repurchase program that will be terminated effective June 30, 2016. Approximately $329 million was used under the previous program through June 22, 2016.

Red Hats management team and Board of Directors firmly believe in our... More

Red Hat to Acquire API Management Leader 3scale

Accelerates digital transformation with API driven hybrid-cloud architectures

RALEIGH, N.C.--(BUSINESS WIRE)-- Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced that it has signed a definitive agreement to acquire 3scale, a leading provider of application programming interface (API) management technology. By adding 3scale to its existing portfolio, including Red Hat JBoss Middleware, Red Hat OpenShift and Red Hat Mobile Application Platform, Red Hat strengthens its enablement of the API economy with simplified cloud integration and microservices-based architectures.

In an era of digital... More

Red Hat Reports First Quarter Results for Fiscal Year 2017

First quarter revenue of $568 million, up 18% year-over-year First quarter subscription revenue of $502 million, up 18% year-over-year First quarter Application Development-related and other emerging technologies subscription revenue of $98 million, up 39% year-over-year Total deferred revenue balance of $1.69 billion, up 18% year-over-year

RALEIGH, N.C.--(BUSINESS WIRE)-- Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced financial results for the first quarter of fiscal year 2017 ended May 31, 2016.

Digital transformation and cloud... More

Red Hat Unveils Red Hat Ceph Storage 2 with Enhanced Object Storage Capabilities, Improved Ease of Use

Major release of software-defined storage platform is designed to be an essential platform for digital transformation in the enterprise

RALEIGH, N.C.--(BUSINESS WIRE)-- Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced Red Hat Ceph Storage 2, the next generation of its open software-defined storage platform. Red Hat Ceph Storage 2, based on the Ceph Jewel release, introduces several new capabilities that enhance support for object storage workloads and promote greater ease of use.

Ceph was designed from the ground up to enable and... More

Fedora 24 Now Generally Available, Delivers New Cloud and Container Features

Adds OpenShift Origin and developer mode for Fedora Atomic Host to drive containerized application development and deployment

RALEIGH, N.C.--(BUSINESS WIRE)-- The Fedora Project, a Red Hat, Inc., sponsored and community-driven open source collaboration, today announced the general availability of Fedora 24, the first 2016 release of the fully-open Fedora operating system. As with previous Fedora releases, Fedora 24 comprises a set of base packages that form the foundation of three distinct editions: Fedora 24 Cloud, Fedora 24 Server, and Fedora 24 Workstation.

At a foundational level, Fedora 24 now includes glibc 2.23 for better performance and improvements to POSIX... More

Red Hat Launches New Learning Subscription

Red Hat Learning Subscription - Standard features unlimited access to Red Hats online training content and certification exams

RALEIGH, N.C.--(BUSINESS WIRE)-- Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced Red Hat Learning Subscription - Standard, a new learning subscription tier featuring unlimited access to Red Hats full portfolio of online training content and certification exams. Delivered through a combination of online courses, videos, hands-on labs, and expert seminars, the Red Hat Learning Subscription - Standard is designed to... More