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From this work, he began the Red Hat Linux Project. Ewing and co-founder Bob Young named their software Red Hat after Ewing's red hat. [4] At the height of the dot com bubble in 1999, Ewing briefly had a net worth of 900 million dollars. [1] Ewing left Red Hat, and co-founded the mountaineering-focused Alpinist quarterly publication in 2002. [5]
Red Hat, Inc. (formerly Red Hat Software, Inc.) is an American software company that provides open source software products to enterprises [7] and is a subsidiary of IBM. Founded in 1993, Red Hat has its corporate headquarters in Raleigh, North Carolina, with other offices worldwide.
President and CEO of Red Hat, Inc No. Name Took office Left office Role Ref. 1 Bob Young: 1995 November 15, 1999 President and CEO 2 Matthew Szulik: November 15, 1999 December 20, 2007 President and CEO [1] [2] [3] 3 Jim Whitehurst: December 20, 2007 April 6, 2020 President and CEO [4] [5] 4 Paul Cormier: April 6, 2020 July 12, 2022 President ...
July 2019: IBM buys Red Hat for $34 billion in one of the largest software acquisitions in history. Leading up to the sale, Red Hat employs 13,360 people worldwide and reports yearly revenue of $3 ...
Red Hat was a member of the S&P 500 Index before being purchased by IBM on July 9, 2019. Marc Ewing and Young's partnership started in 1994 when ACC acquired the Red Hat trademarks from Ewing. In early 1995, ACC changed its name to Red Hat Software, which has subsequently been shortened to simply Red Hat, Inc. Young was Red Hat's CEO until 1999.
A founder or leader of a local chapter is usually referred to as a "Queen". [8] Members 50 and over are called "Red Hatters" and wear red hats and purple attire to all functions. A woman under age 50 may also become a member, but she wears a pink hat and lavender attire to the society's events until reaching her 50th birthday.
Red Hat Linux was a widely used commercial open-source Linux distribution created by Red Hat until its discontinuation in 2004. [2] Early releases of Red Hat Linux were called Red Hat Commercial Linux. Red Hat published the first non-beta release in May 1995.
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