Red Hat

Red Hat Overview

Red Hat provides enterprise open source solutions, using a community-powered approach to deliver high-performing Linux, cloud, container, and Kubernetes technologies. It develops cloud-native applications, and integrate, automate, secure, and manage complex environments with support, training, and consulting services. In September of 2008, Red Hat acquired an Israeli start-up named Qumranet and transformed it into an R&D center, working entirely according to the Open Source model. The Red Hat R&D center in Ra’anana is a central pillar in the development of the company’s Cloud Solutions, focusing mainly on the development around Virtualization and OpenStack Platforms as well as Openshift which is the Kubernetes Containers solution from Red Hat. All these products are running on top of the KVM technology, originally developed by Qumranet The Open model is the heart of the Red Hat culture worldwide as well as in the Ra’anana office. The Engineering office in Israel is collaborating with different universities and colleges in the area: IDC Herzliya – The Interdisciplinary Center Herzliya is a private research college in Herzliya, The Technion – Israel Institute of Technology is a public research university in Haifa and MTA – The academic college of Tel-Aviv Yaffo.

Latest News

May 13, 2025 · www.calcalistech.com

growth-positive

IBM’s Red Hat acquires stealth Israeli startup Jounce for $20M to bolster AI cloud stack | CTech

Jounce, an Israeli AI startup founded in 2024, has been acquired by Red Hat, a subsidiary of IBM, for an estimated $20 million. The acquisition aims to integrate Jounces modular AI deployment platform into Red Hats open-source ecosystem, enhancing its global reach. Jounce, backed by a $2 million Seed investment from Pitango First, was founded by alumni of Unit 8200 and has developed a platform that offers over 10,000 deployment options. The acquisition is expected to help Jounce scale its operations and reach a broader customer base across various industries. The deal includes employee retention incentives and milestone-based payments.

Acquired-byCustomersPartnersInvestment

Dec 26, 2021 · bloomer.co.il

growth-positive

רד האט מכריזה על שיתוף פעולה עם המכללה האקדמית תל חי בלומר

Red Hat, a leading provider of open source solutions, has announced a collaboration with Tel-Hai Academic College in northern Israel. The partnership aims to strengthen ties between Red Hat and the colleges computer science students, exposing them to practical work in open source code. As part of the collaboration, Red Hat will hold enrichment activities on open source topics for students and encourage outstanding students and graduates to join the company. The college will also allocate offices for the companys employees in the north to allow students practical access to the open source world.

PartnersExpand

Jul 9, 2019 · www.reuters.com

growth-positive

IBM closes $34 billion deal to buy Red Hat

IBM has closed its $34 billion acquisition of software company Red Hat, signaling its focus on ramping up its cloud computing business. The acquisition represents IBMs biggest acquisition in its more than 100-year history. Red Hat specializes in Linux operating systems and will continue to build and expand its partnerships with major cloud providers. IBMs cloud revenue has grown significantly in recent years, and Red Hat is expected to contribute to its compound annual revenue growth over a five-year period.

Acquisition

Oct 30, 2018 · venturebeat.com

growth-positive

IBM acquires Red Hat for $34 billion

IBM has agreed to acquire Red Hat for $34 billion, including debt. This acquisition is IBMs biggest to date and aims to diversify the companys technology hardware and consulting business. IBM hopes to become the worlds No. 1 hybrid cloud provider through this acquisition. Red Hat specializes in Linux operating systems and offers subscription-based software services. The deal is expected to close in the second half of 2019.

Acquisition

Sep 4, 2008 · www.globes.co.il

growth-positive

Red Hat buys Israeli virtualization co Qumranet

Red Hat Inc. has announced its acquisition of Israeli virtualization start-up Qumranet Inc. for $107 million. This acquisition will make Red Hat a market leader in virtualization and Qumranet will become Red Hats R&D center in Israel. Qumranets Solid ICE platform enables enterprises to host desktops in KVM virtual machines on servers in the corporate data center. Red Hat and Qumranet have been collaborating for a few months and this acquisition will boost Qumranets market share and allow Red Hat to enter a new market.

Acquisition

Team Members

4

Employees: 201-500

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Locations

Yerushalaim Rd 34, Ra'anana, Israel

Raleigh, NC, USA

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