IBM dropped an all-cash offer for Red Hat on Sunday night, pledging to pay $190 per share, or roughly $34 billion in total. The deal is expected to close in the second half of 2019, financed by a ...

Red Hat Inc. kicked off its Red Hat Summit conference in Boston today with the much-anticipated announcement that Red Hat Enterprise Linux 8 is now available. The release comes nearly six months after ...

On Wednesday December 22nd after the market close, shares of Red Hat Inc (NYSE:RHT) took a dive following disappointing third quarter results and news that the current Chief Financial Officer Frank ...

Red Hat Inc. is dropping its legendary “Shadowman” logo after almost 20 years as its proposed $34 billion acquisition by IBM Corp. nears completion. The enterprise software company debuted its new ...

RALEIGH, N.C.--(BUSINESS WIRE)--Red Hat, Inc., the world's leading provider of open source solutions, today announced that it has named Paul Cormier as president and chief executive officer of Red Hat ...

Open source leader also selects new senior vice president and chief financial officer and vice president and chief information officer. RALEIGH, N.C.--(BUSINESS WIRE)--Red Hat, Inc., the world's ...

Red Hat, Inc., has announced its intent to acquire StackRox, a specialist in container and Kubernetes-native security. By bringing StackRox’s Kubernetes-native security capabilities to Red Hat ...

The open-source software veteran beat the Street's first-quarter estimates and raised its full-year guidance targets, but the overheated stock got a haircut anyway. Red Hat's first-quarter sales rose ...

Ever wonder why Linux company Red Hat Inc. is called that? In an interview with Red Hat Magazine, co-founder Bob Young said that the red hat has long been a symbol of freedom, with revolutionaries in ...

SAN FRANCISCO — May 8, 2018 — Microsoft Corp. (Nasdaq “MSFT”) and Red Hat Inc. (NYSE: RHT) on Tuesday expanded their alliance to empower enterprise developers to run container-based applications ...

RALEIGH, N.C. -- IBM is acquiring Raleigh-based Red Hat Inc., a major distributor of open-source software and technology, in a deal worth $34 billion, the companies announced on Sunday. In a joint ...

Lawyers at Reed Smith on Tuesday removed a gender-based employment discrimination lawsuit against IBM subsidiary Red Hat to Virginia Eastern District Court. The suit was filed by Charlson Bredehoft ...