CEO: James Whitehurst
Dec. 31, 2012: $52.96
June 28, 2013: $47.82
Red Hat in June launched a complete cloud platform package built on the company's Linux operating system, virtualization technology and hybrid cloud management tools. It also began offering a commercial version of its OpenShift Online Platform-as-a-Service system.
On June 19 Red Hat announced that sales in its first fiscal quarter ended May 31 increased 15 percent to $363 million.