Red Hat sells subscriptions for open-source software and related services to enterprises. Its products, like Red Hat Enterprise Linux, OpenShift, and Ansible, are open-source but come with guaranteed updates, patches, and professional support through a subscription, so customers install the software and receive ongoing assistance. The company differentiates itself with an enterprise-focused, integrated stack and services around hybrid cloud, containers, and automation, backed by IBM as a strategic owner while Red Hat operates as a distinct unit. Its goal is to help large organizations deploy, manage, and scale open-source software across complex IT environments with predictable, enterprise-grade support.
Company Size
10,001+
Company Stage
Acquired
Total Funding
$34B
Headquarters
Raleigh, North Carolina
Founded
1993
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