Red Hat Inc (NYSE:RHT)

Red Hat, Inc. (Red Hat) is a global provider of open source software solutions, using a community-powered approach to develop and offer reliable and high-performing operating system, virtualization, middleware, and, storage and cloud technologies. Red Hat employs an open source software development model that uses the collective input, resources and knowledge of a global community of contributors who collaborate to develop, maintain and enhance software. The Company distributes its software offerings under open source licenses that permit access to the software’s human-readable source code. It provides its software offerings primarily under annual or multi-year subscriptions. A subscription generally entitles a customer to new versions of the software, security updates, fixes, functionality enhancements and upgrades to the technology.

Official website: www.redhat.com