Red Hat

Technology / Open Source Software

Founded in 1993, Red Hat is the world's leading provider of enterprise open source software solutions, known for its Red Hat Enterprise Linux operating system. It operates as an independent subsidiary of IBM following a $34 billion acquisition in 2019.

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Quick Facts

Founded: 1993
Headquarters: Raleigh, North Carolina
Parent: IBM (since 2019)
Industry: Open Source Software

About Red Hat

Red Hat was founded in 1993 by Bob Young and Marc Ewing. In 1994, they released Red Hat Linux, one of the earliest and most popular Linux distributions. The company listed on the NASDAQ in 1999 during the dot-com boom, establishing a unique business model of offering open-source software for free while charging for enterprise support, training, and integration services.

IBM acquired Red Hat in 2019 for approximately $34 billion, the largest software acquisition in history at the time. Red Hat continues to operate with distinct branding, facilities, and a distinct open-source culture. Its portfolio has expanded beyond Linux to include hybrid cloud infrastructure, middleware, and management technologies.

What Red Hat Does

Operating System

Red Hat Enterprise Linux (RHEL), the leading commercial Linux distribution for enterprise IT.

Cloud & Container Platform

Red Hat OpenShift, a leading enterprise Kubernetes platform for hybrid cloud application deployment.

Automation & Management

Red Hat Ansible Automation Platform for IT automation, configuration management, and provisioning.

Career Areas

Types of professional roles found inside Red Hat.

Software Engineering
Open Source Community Development
Systems Engineering
Consulting & Services
Sales & Marketing
Product Management
Customer Success & Support

Red Hat's History

1993
Founded
Red Hat founded by Bob Young and Marc Ewing.
1994
Red Hat Linux launched
First version of Red Hat Linux operating system released.
1999
IPO
Red Hat lists on NASDAQ, establishing the viability of the open-source business model.
2012
OpenShift launched
OpenShift launched, marking Red Hat's major expansion into cloud and container technologies.
2019
Acquired by IBM
IBM acquires Red Hat for $34 billion; Red Hat maintains operational independence.

Purpose & Values

“To be the catalyst in communities of customers, contributors, and partners creating better technology the open source way”

Red Hat describes its mission as maintaining its commitment to open source principles -- believing that transparency, collaboration, and community-driven development lead to superior software.

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