Recent announcements from Red Hat has pushed up the price of shares

Dec 7, 2011 08:45 GMT  ·  By

Red Hat has made a lot of deals and acquisitions in the past months and the value of the company policies now show in the price of theirs stoks.

According to fnno.com, Red Hat (NYSE:RHT) are up 5.3% to 52.87 USD (39.32 EUR). The Dow Jones Industrial Average has also marked an increase of 1.3%, to 12.171, and S&P also registered a spike, 1.7% higher to 1,265.

The analyst expectations of Red Hat shares is now at 50.40 USD (37.49 EUR), but the price is currently 4.7% above this average. One of the reasons is the release of Red Hat Enterprise Linux 6.2.

Founded in 1993, Red Hat is a company which develops enterprise Linux. Solutions include Red Hat Enterprise Linux, Red Hat Enterprise Virtualization, JBoss Enterprise Middleware, and other services.

Red Hat's global training program operates worldwide and features RHCE and JBCAA, the global standard Linux and middleware certifications.