Red Hat - M&A Summary, Ownership, and Business Overview

SoftwareCompany

Red Hat M&A Summary

Red Hat has acquired 33 companies of its own, including 2 in the last 5 years. A total of 1 acquisition came from private equity firms.

Red Hat’s largest acquisition to date was in 2000, when it acquired Cygnus Solutions for $674M. Red Hat has acquired in 12 different US states, and 4 countries. The Company’s most targeted sectors include software (61%) and internet software and services (19%).

Red Hat Ownership

Who owns Red Hat?

Red Hat is owned by International Business Machines. It was acquired on October 28, 2018.

Red Hat Business Overview

Where is Red Hat headquartered?

Red Hat is headquartered in Raleigh, North Carolina.

What is Red Hat’s revenue?

Red Hat disclosed revenue of 2,920M USD for 2018 and 2,412M USD for 2017.

How many employees does Red Hat have?

Red Hat has 8,800 employees.

What sector is Red Hat in?

Red Hat is a software company.

When was Red Hat founded?

Red Hat was founded in 1993.

M&A Summary

  • M&A Total Activity33
    • M&A Buy Activity33
  • Total Sectors Invested 5
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 2
  • M&A Advisors 1

Red Hat, Inc.

100 East Davie Street,
Raleigh, North Carolina 27601
United States,
(919) 754-3700
www.redhat.com

Red Hat is a provider of open source software solutions, using a community-powered approach to reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers support, training, and consulting services. Red Hat was formed in 1993 and is based in Raleigh, North Carolina.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 31 - 1 - - 1 33
vol $2.8B $2.8B
Sell (0.0/yr) # - - - - - - 0
  33

Most Recent M&A

Company Date Value Type
Neuralmagic, Inc. 2024-11-12 - Add-on Acquisition
Somerville, Massachusetts · www.neuralmagic.com
StackRox 2021-01-07 - Add-on Acquisition
Mountain View, California · www.stackrox.com
NooBaa, Inc. 2018-11-27 - Add-on Acquisition
Boston, Massachusetts · www.noobaa.com
CoreOS, Inc. 2018-01-30 250M USD Add-on Acquisition
San Francisco, California · www.coreos.com
Permabit Technology Corp. 2017-07-31 - Add-on Acquisition
Cambridge, Massachusetts · www.permabit.com
Codenvy, Inc. 2017-05-25 - Add-on Acquisition
Dover, Delaware · www.codenvy.com
3scale, Inc. 2016-06-22 - Add-on Acquisition
Sunnyvale, California · www.3scale.net
Ansible, Inc. 2015-10-16 100M USD Add-on Acquisition
Durham, North Carolina · www.ansible.com
FeedHenry Ltd. 2014-09-18 72M EUR Add-on Acquisition
Waterford, Ireland · www.feedhenry.com
Mobicents LLC, 2014-07-19 - Add-on Acquisition
, United States
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Software 20 (61%) 1.8B (63%) - -
Internet Software and Services 6 (18%) 769M (27%) - -
Information Technology 4 (12%) 137M (5%) - -
Communications 2 (6%) 90M (3%) - -
Consumer Services 1 (3%) 47M (2%) - -
Total 33 $2.8B - -

By Geo

State/Country Buy Value Sell Value
United States 30 2.7B - -
  California 11 1.8B - -
  Massachusetts 6 - - -
  Georgia 2 467M - -
  Virginia 2 - - -
  North Carolina 1 100M - -
  New Jersey 1 104M - -
  Minnesota 1 31M - -
  Delaware 1 - - -
  Alabama 1 90M - -
  Texas 1 - - -
  Pennsylvania 1 85M - -
France 1 95M - -
Ireland 1 72M - -
Spain 1 - - -
Domestic 30 (91%) 2.7B (94%) - -
Cross-border 3 (9%) 167M (6%) - -
Total 33 $2.8B - -

Top M&A Advisors

Financial Deals
UBS Investment Bank
1

Deal Values

buy # Total
$100M to $1B 8 $2.3B
< $100M 8 $557M
TOTAL $2.8B
Largest Cygnus Solutions, Inc.
$674M (2000-01-11)

M&A Connections

Deals
Acquired from
Investor(s)
3%
1 (3%)
Strategic(s)
3%
1 (3%)

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