Red Hat, Inc. - SWOT Analysis company profile is the essential source for top-level company data and information. The report examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.
Red Hat is a provider of open source solutions for Internet computing. The company provides custom engineering services to develop end-to-end software solutions primarily for use in the UNIX and Linux markets and also provides support and maintenance services for these software solutions. Red Hat operates primarily in the US. It is headquartered in Raleigh, North Carolina and employs 2,200 people. The company recorded revenues of $523 million during the fiscal year (FY) ended February 2008, an increase of 30.6% over 2007. The increase in revenue is due to broader market acceptance in mission critical areas of computing and international expansion of Red Hat Enterprise Linux. The company’s operating profit was $70.4 million in FY2008, an increase of 34.6% over 2007. The net profit was $76.7 million in FY2008, an increase of 28% over 2007.
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