From Wikipedia, the free encyclopedia
Red Hat is an American computer
software company based in Raleigh, North Carolina.
The company was founded in 1995, when ACC Corporation—a company
founded by Bob Young in 1993—and Red Hat Linux—an
operating system created by Marc Ewing—merged to form Red Hat Software,
and Young was appointed chief executive officer.[1] Red Hat
had its initial public offering on
August 11, 1999; it was the eighth-biggest first-day gain in Wall Street
history.[2] The
company has acquired sixteen companies and made four divestments. Red Hat has
not released the financial details for most of these mergers and
acquisitions.
Red Hat's first major acquisition was Delix Computer GmbH-Linux
Div, the Linux operating system
division of Delix Computer, a German computer company, on July 30, 1999. Red
Hat acquired Cygnus Solutions, a company that
provided commercial support for free software, on January 11, 2000. Michael
Tiemann, co-founder of Cygnus, served as the chief technical officer of Red
Hat after the acquisition. On June 5, 2006, Red Hat acquired open source middleware provider JBoss for
$420 million and integrated it as its own division of Red
Hat.
On December 14, 1998, Red Hat made its first divestment, in
which parts of the company are sold to another company, when Intel acquired
an undisclosed minority stake. The next year, on March 9, 1999, Compaq, IBM, and Novell each acquired undisclosed minority stakes
in Red Hat. The company's largest acquisition was Cygnus Solutions
in January 2000 for $674 million. Red Hat made the most
acquisitions in 2000 with five: Cygnus Solutions, Bluecurve, Wirespeed
Communications, Hell's Kitchen Systems, and C2Net.
Acquisitions
| Date |
Company |
Business |
Country |
Value (USD) |
References |
| 01999-07-13 July 13, 1999 |
Atomic Vision |
Website Design |
United States |
— |
[3][4] |
| 01999-07-30 July 30, 1999 |
Delix Computer GmbH-Linux Div[note
1] |
Computers and software |
Germany |
— |
[5] |
| 02000-01-11 January 11, 2000 |
Cygnus
Solutions |
Software |
United States |
$&0000000674444000.000000674,444,000 |
[6] |
| 02000-05-26 May 26, 2000 |
Bluecurve |
IT management software |
United States |
$&0000000037107000.00000037,107,000 |
[7] |
| 02000-08-01 August 1, 2000 |
Wirespeed Communications |
Internet software |
United States |
$&0000000083963000.00000083,963,000 |
[8] |
| 02000-08-15 August 15, 2000 |
Hell's Kitchen Systems |
Internet software |
United States |
$&0000000085624000.00000085,624,000 |
[9] |
| 02000-09-13 September 13, 2000 |
C2Net |
Internet software |
United States |
$&0000000039983000.00000039,983,000 |
[10] |
| 02001-02-05 February 5, 2001 |
Akopia |
Ecommerce web sites |
United States |
— |
[11] |
| 02001-02-28 February 28, 2001 |
Planning Technologies |
Consulting |
United States |
$&0000000047000000.00000047,000,000 |
[12] |
| 02002-10-15 October 15, 2002 |
NOCpulse |
Software |
United States |
— |
[13] |
| 02004-09-30 September 30, 2004 |
Netscape Security-Certain Asts[note
2] |
Certain assets |
United States |
— |
[14] |
| 02006-06-05 June 5, 2006 |
JBoss |
Middleware |
United States |
$&0000000420000000.000000420,000,000 |
[15] |
| 02007-06-06 June 6, 2007 |
MetaMatrix |
Information management software |
United States |
— |
[16] |
| 02008-03-13 March 13, 2008 |
Amentra |
Consulting |
United States |
— |
[17] |
| 02008-06-04 June 4, 2008 |
Identyx |
Software |
United States |
— |
[18] |
| 02008-09-04 September 4, 2008 |
Qumranet |
Enterprise software |
United States |
$&0000000107000000.000000107,000,000 |
[19] |
Divestitures
Notes
- ^
Delix Computer GmbH-Linux Div was acquired from Delix
Computer.
- ^
Netscape Security-Certain Asts was acquired from Netscape Security
Solutions.
- ^
Intel
Corporation acquired a minority stake in Red Hat.
- ^
Compaq acquired a minority
stake in Red Hat.
- ^
IBM acquired a minority stake in Red
Hat.
- ^
Novell acquired a minority
stake in Red Hat.
References
- General
- Specific
External
links
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Hat |
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