Company Profile:-

Founded: – 1993
Location: – Raleigh, North Carolina, United States
Total funding: – NA
Company Stage: – Acquired by IBM
Website:- www.redhat.com

NEWS Source: – https://www.newsobserver.com/news/business/article274644136.html

Red Hat is a multinational software company that provides open source software solutions and services to businesses, government agencies, and individuals. The company was founded in 1993 and is based in Raleigh, North Carolina.

Red Hat is perhaps best known for its flagship product, Red Hat Enterprise Linux, which is a Linux operating system widely used in enterprise computing environments. The company also offers a wide range of other open source software solutions, including middleware, virtualization, storage and cloud computing tools.

In 2019, Red Hat was acquired by IBM for $34 billion, but it continues to operate as a standalone subsidiary of IBM. The company remains committed to its open source philosophy and continues to contribute extensively to various open source software projects.

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