Red Hat Serves Up Good Earnings, Updated Virtualization Platform

Red Hat is out with a slew of news this week. As Susan covered earlier, the company reported better-than-expected quarterly results, aided by strong subscription growth for its Linux operating system, but also forecast full-year profit following below average analyst estimates. Along with that news, the company announced the Red Hat Enterprise Virtualization 3.4 Beta, which builds on the recent Red Hat Enterprise Virtualization 3.3 release, and aims to automate enterprise virtualization tasks while providing integration with OpenStack.

Red Hat Enterprise Virtualization is an important tool for the company as it seeks to win companies over with its OpenStack platform and surrounding services. Many IT departments want to run hybrid cloud environments and avoid being limited to one or only a few operating systems. That's where solid virtualization is required.

New features in Red Hat Enterprise Virtualization 3.4 Beta include stronger OpenStack integration, enterprise network capabilities enhancements, and advanced manageability of the entire stack.

To learn more about how Red Hat Enterprise Virtualization aligns with your organization’s IT demands, visit www.redhat.com/virtualization and download a fully supported 60-day trial at www.redhat.com/rhev3

As Red Hat continues to align its company strategy around OpenStack and cloud computing, it is also gearing up to host the Red Hat Summit in San Francisco, beginning April 14. It's a big event, and a complete agenda is now available. On the Summit site, you can also watch a good video featuring Red Hat engineers discussing how virtualization and cloud computing will advance together, and you can get the speaker lineup for the Summit.