Red Hat Expands in Pune and Bangalore

May 14th, 2012
in econ_news

Econintersect:  Red hat, the world’s largest open source software provider, has announced expansion of facilities in the two largest technology centers in India.  red-hat-logoSMALLThe two new R&D operations will be added to the more than 70 offices in 30 countries around the world.  The Pune facility will encompass 50,000 square feet and be the largest for Red Hat outside North America.  Red Hat, headquartered in Raleigh, North Carolina, provides high-quality, affordable technology with its operating system platform, Red Hat Enterprise Linux, together with cloud, virtualization, management, storage and service-oriented architecture (SOA) solutions.

Follow up:

According to the 2011 corporate annual report, Red Hat had over $900 million in total revenue in 2011, occupies a total of 120,000 square feet in Raleigh and employs more than 4,500 people worldwide.  Red Hat is expanding where the action is.  By 2015 India is expected to exceed 3.5 million people employed in information technology (IT), surpassing the U.S.

Here is the entire Red Hat press release of 7 May 2012:

The “Engineering Center of Excellence” in Pune is Red Hat’s largest engineering facility outside of North America Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced the expansion and launch of two “Engineering Centers of Excellence” in Bangalore and Pune, India. The Pune center is Red Hat’s largest engineering facility outside of North America at 50,000 sq. ft.

Red Hat’s expanded Asia-Pacific (APAC) operations are driven by growing market interest across the region in open source technologies and Red Hat products and solutions.

Located in two of India’s most prominent IT hubs, Pune and Bangalore, the newly inaugurated facilities reflect Red Hat’s increased investments in the country. With the expansion in India, Red Hat hopes to incubate, sustain and support local talent and maintain high quality of contributions to the open source community locally and internationally.

According to Evans Data's Global Developer Population and Demographic Survey1 conducted in 2011, India is among the rising technology powerhouses and by 2015, India will surpass the United States with more than 3.5 million professional software developers.

“2012 is the year of the developer for Red Hat and with a growing number of developers coming from India, Red Hat brought several notable global developer events to APAC – Fedora Users and Developers’ Conference (FUDCon) in November 2011 in Pune and JBoss User and Developers Conference (JUDCon) in January 2012 in Bangalore,” said Anuj Kumar, general manager, Red Hat India. “With our new facilities and events like this, we hope to continue showing our commitment to developers throughout the APAC region.”

The Red Hat engineering team in India works closely with local educational institutions, research bodies, and agencies involved in formulating standards and to support the proliferation and adoption of open standards in interactions.

Speaking at the inauguration ceremony in Pune, Paul Cormier, executive vice president, products and technologies, Red Hat, said, “Innovative product development and engineering services are the cornerstone of any company with global aspirations and we expect the current expansion to further Red Hat’s goal to lead the way in innovative collaboration and open source technology development locally, regionally and globally.”

John Lounsbury


Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.

 navigate econintersect .com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2018 Econintersect LLC - all rights reserved