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August 31, 2015 5:49 AM ET


Company Overview of Red Hat, Inc.

Company Overview

Red Hat, Inc. provides open source software solutions to enterprise customers worldwide. It develops and offers operating system, virtualization, middleware, storage, and cloud technologies. The company’s products include Red Hat Enterprise Linux, an operating system platform that runs on hardware for use in physical, virtual, container, and cloud environments; Red Hat Enterprise Virtualization, which includes standalone virtualization functionality and management tools for server and desktop deployments; and Red Hat JBoss Middleware that offers middleware for developing, deploying, and managing applications, as well as integrating applications, data and devices, and automating business proc...

100 East Davie Street

Raleigh, NC 27601

United States

Founded in 1993

7,300 Employees



Key Executives for Red Hat, Inc.

Chief Executive Officer, President and Director
Age: 47
Total Annual Compensation: $900.0K
Interim Chief Technology Officer, Executive Vice President and President of Products & Technologies
Age: 58
Total Annual Compensation: $580.0K
Executive Vice President, General Counsel and Corporate Secretary
Age: 54
Total Annual Compensation: $450.0K
Executive Vice President of Global Sales & Services
Age: 60
Total Annual Compensation: $500.0K
Compensation as of Fiscal Year 2015.

Red Hat, Inc. Key Developments

Red Hat, Inc. Announces the General Availability of Red Hat Satellite 6.1

Red Hat, Inc. announced the general availability of Red Hat Satellite 6.1, Red Hat’s systems management solution for managing Red Hat infrastructure. Since the launch of Red Hat Satellite 6.0 in September 2014, new additions to the systems management software bring upgraded security enhancements, enhanced discovery and container management capabilities across physical, virtual and cloud environments. Red Hat Satellite 6.1 brings users significant upgrades in three key areas: Container management; Security and Provisioning. Container Management: As cloud infrastructures continue to shift toward container-based deployments, customers increasingly need an agile management solution for new container setups housing sensitive applications and data. The core capabilities of Satellite 6.1 now extend to container deployments - making them more scalable, manageable and consistent - and allow Docker users to tap into its modern design as they seek more control around versioning, authentication and integration with existing platforms. A scalable on-premise registry based with Role-Based Access Controls, auditing and a robust API are now available for developers seeking to manage systems in a container-based environment. Security: Satellite 6.1 brings upgrades to errata management, allowing users to quickly and easily address security, bugfix and enhancement errata. Improved reporting now enables organizations to more quickly identify and respond to hosts affected by a security vulnerability, minimizing downtime and sensitive data exposure in vulnerability scenarios such as those presented by Shellshock, Heartbleed and GHOST. Additionally, OpenSCAP, a standardized approach to maintaining enterprise system security, is now available in tech preview. OpenSCAP automatically verifies the presence of patches, checks system security configuration settings and examines systems for signs of compromise in daily/weekly/monthly cadences that can be customized by end users to best fit their own internal security protocols. Provisioning: Red Hat Satellite helps to simplify the provisioning process through new discovery processes, allowing automatic bare metal discovery of unknown nodes on the provisioning network. New nodes can self-register to Red Hat Satellite and upload their hardware facts, and this discovery allows the software to best determine the type of system to provision. Other new capabilities introduced in Red Hat Satellite 6.1 include: Multiple Network Support for provisioning systems with complex networking requirements, including VLANs, Bonds and Aliased interfaces. Satellite 6.1 includes newer provisioning templates and workflows that enable the setup of complex interfaces as systems are initially provisioned. Isolated CapsuleServer, a key component of large Red Hat Satellite installations, now features a number of communication improvements. Communications between the managed host, Capsule Server and Satellite Server are now better isolated and streamlined for a more secure environment, allowing system administrators to more easily deploy Red Hat Satellite Capsule in their environments. Red Hat Satellite 6.1 is now generally available to all Red Hat Satellite customers with a valid subscription.

Red Hat, Inc. Appoints Kim Hammonds as Director

Red Hat, Inc. announced that Kim Hammonds has been appointed to the company's Board of Directors. Hammonds joined Deutsche Bank in November 2013 from The Boeing Company.

Red Hat, Inc. Approves Amendment and Restatement of By-Laws

On August 6, 2015, the Board of Directors (the Board) of Red Hat, Inc. (the Company) approved an amendment and restatement of the Company's by-laws (the By-Laws), effective immediately, that includes: the addition in Section 1.10(A)(3) of new information requirements for a nominee for election or re-election as a director of the Company; the addition of a new Section 5.13 that designates the Court of Chancery of the State of Delaware (or, if the Court of Chancery does not have subject matter jurisdiction, the federal district court for the District of Delaware) as the sole and exclusive forum for certain legal disputes, unless the Company consents in writing to the selection of an alternative forum; and amendments to the indemnification provisions in Article VII to: limit the Company's mandatory indemnification obligations to cover any person who is or was a director or officer of the Company, or a person who is or was serving at the request of the Company as a director, trustee, partner or officer of another corporation, partnership, joint venture, trust or other enterprise or non-profit entity, and provide permissive indemnification rights for any other person who is or was an employee or agent of the Company or who is or was serving at the request of the Company as an employee or agent of another corporation, partnership, joint venture, trust or other enterprise or non-profit entity; require delivery of a written claim for payment in order to receive mandatory advancement of expenses; and require authorization or consent from the Company's Board to indemnify a director or officer who initiates an action, suit or proceeding, except in the case of any action, suit or proceeding initiated to enforce rights to indemnification or advancement of expenses.

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