What does Red Hat do?

Red Hat, Inc. is a leading American software company that specializes in open-source solutions for enterprises. Founded in 1993 and headquartered in Raleigh, North Carolina, Red Hat has grown to operate in over 40 countries. The company became a part of IBM in 2019, following a significant acquisition valued at approximately $34 billion. Red Hat is recognized for its commitment to open-source principles and has achieved notable revenue milestones, reaching nearly $3 billion by 2018. The company's primary offerings include Red Hat Enterprise Linux (RHEL), a stable operating system designed for datacenters and cloud environments, and Fedora, a community-driven version that fosters innovation. Red Hat also provides a range of services, including technical support and system management through the Red Hat Network. The company has established strong partnerships with major technology vendors like Dell, IBM, HP, and Oracle, enhancing its capabilities in cloud computing, storage, and virtualization.