Business Strategy The company’s business strategy is to partner with its customers as they maintain, migrate or modernize existing infrastructure and utilize new architectures. The company enables this through promoting the widespread adoption of Red Hat offerings by customers globally; expanding its portfolio of virtualization, management and other technology offerings that enable cloud computing; investing in the development of open source technologies; pursuing strategic acquisitions and alliances; increasing revenue from its existing customer base; increasing revenue by promoting a range of services to help its customers derive additional value; expanding routes to market; and growing its presence in international markets. Competition With respect to its operating system offerings, the company’s competitor includes Microsoft Corporation. The company also competes with Hewlett-Packard Company; International Business Machines Corporation; Oracle; and Unisys Corporation, each of which offer the UNIX operating system. With respect to Linux operating systems, the company’s competitors include Micro Focus International plc, with its SUSE brand of Linux, and Oracle’s Linux offering. The company also competes with freely available Linux distributions, such as CentOS, Debian, Fedora Project, openSUSE and Ubuntu. With respect to its virtualization offerings, the company’s competitors include Citrix Systems, Inc. (Citrix), Microsoft Corporation, Oracle, and VMware, Inc. With respect to its middleware offerings, the company’s competitors include International Business Machines Corporation; Microsoft Corporation; Oracle; and Pivotal Software, Inc. (Pivotal). With respect to its storage offerings, the company competes with companies that provide storage products, such as EMC Corporation and NetApp, Inc. With respect to its cloud technologies, the company competes with companies that provide tools for enterprises to create private clouds, such as Citrix, Microsoft Corporation, Pivotal, and VMware, Inc., as well as with companies that provide public clouds and that allow users to consume computing resources as a service without the need to purchase equipment or software, such as Amazon.com, Inc.; Google Inc.; Microsoft Corporation; and Rackspace Hosting, Inc. The company’s competitors in markets for services related to the development, deployment and integration of enterprise technologies markets include Accenture plc, Hewlett-Packard Company, International Business Machines Corporation, and Tata Consultancy Services Limited. History The company was founded in 1993. It was incorporated in Connecticut in 1993 as ACC Corp., Inc., which changed its name to Red Hat Software, Inc. Red Hat Software, Inc. was reincorporated in Delaware in 1998 and changed its name to Red Hat, Inc. in 1999.
red hat inc (RHT:New York Consolidated)
100 East Davie Street
Raleigh, NC 27601
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