Red Hat

Red Hat is an American open-source software company headquartered in Raleigh, North Carolina, United States. Founded in 1993 by Bob Young and Marc Ewing as a Linux distributor, it pioneered enterprise Linux adoption and was acquired by IBM in 2019 for $34 billion. Red Hat operates through geographic segments: Americas, EMEA, and Asia-Pacific, providing subscription-based solutions like Red Hat Enterprise Linux for operating systems, OpenShift for container platforms, and Ansible for automation. Its offerings support hybrid cloud environments, integrating with AWS, Azure, and Google Cloud for scalability and security compliance, luding FIPS and GDPR. Red Hat's global operations span over 40 offices worldwide, collaborating with hardware vendors for certified ecosystems. As an IBM subsidiary, it drives open-source innovation through community contributions. In fiscal year 2024, IBM's Software segment, luding Red Hat, reported revenues of $26.2 billion, with Red Hat contributing significantly to the 7% growth via cloud subscriptions.