Red Hat





The words Red Hat has two different meanings, one to do with the computer
industry, the other to do with the Roman Catholic Church.

The Red Hat organization began in 1994 and has become the largest and most
recognized company dedicated to Open source software. The company now has
more than 500 employees and 15 locations worldwide. Red Hat has its
corporate headquarters in Durham, North Carolina in the United States of America.

Red Hat is a market leader in the development, deployment, and management of
Linux and open source solutions for Internet infrastructure - ranging from
embedded devices to secure web servers.

Red Hat was founded by entrepreneurs Bob Young and Marc Ewing. Open source
lies at the foundation of their business model. It represents a fundamental
shift in how software is created. The code that makes up the software is
available to anyone. Developers who use the software may freely improve the
software. Even competitors like Microsoft admit that the result is rapid
innovation (compare the Halloween documents).

Red Hat solutions combine Red Hat Linux, developer and Embedded
Technologies, training, management services and technical support. Red Hat
optionally delivers this open source innovation to their customers via an
Internet platform called Red Hat Network.

On August 11, 1999, the company completed its Initial Public Offering of six
million shares of common stock at a price of $14/share on the US NASDAQ. Its
stock ticker is RHAT. Its site may be found at http://www.redhat.com. On
November 15, 1999, Red Hat announced its merger with Cygnus Solutions, a
leading open source vendor. Consequently, Red Hat now develops Cygwin. On
March 31, 2003, Red Hat released Red Hat Linux 9, which was a surprise
because most people anticipated that Red Hat would release a minor version
upgrade for Red Hat Linux 8 first.

The words red hat when used within the Roman Catholic Church refer to the
appointment of a Cardinal, a senior Prince of the Church who is a member of
the electoral college that chooses the pope. A person on being appointed to
the cardinalate is said to have received the red hat or cardinal's biretta.
Since Vatican II, cardinals no longer actually receive birettas, which they
would wear while cardinal and which would be hung up in their former
cathedral on their death and left to disintergrate through decay and old
age, symbolising the passing of manmade glories and power. Receiving the red
hat is now just an expression associated with the appointment of someone as cardinal.