Red Hat is a privately owned company headquartered in US. Founded in 1993, with approximately 20,100 employees, the company specializes in Software Development, providing enterprise open source solutions through a community-powered approach to deliver Linux, hybrid cloud, edge, and Kubernetes technologies.

Revenue

Founded

1993

Headcount

20,096

Headquarters

US

Primary Segment

Software Development

Ownership

Privately Owned

News Summary:

On February 21, 2026, the German Federal Office for Information Security (BSI) issued an updated high-risk security alert concerning multiple vulnerabilities in the Linux Kernel, initially disclosed on May 4, 2025. Red Hat Enterprise Linux is among the operating systems and products impacted by these security flaws. Previously, on February 20, Red Hat announced a virtual webinar for its upcoming Red Hat Enterprise Linux (RHEL) 10, positioning it as a foundational operating system designed to support modern enterprise infrastructure amid evolving IT demands. On the same day, the company also introduced its Red Hat build of Podman Desktop, which aims to provide enterprise-ready local container development environments to streamline distributed development workflows. This followed Red Hat's collaboration with PTSB, an Irish retail bank, announced on February 19. Utilizing Red Hat OpenShift, the initiative sought to implement a cloud-native modernization program for PTSB, aiming to enhance change agility, accelerate time to market for customer value, and improve operating costs and efficiencies.
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