Red Hat plans five-year, $5 million commitment to Boston University’s Cloud Computing Initiative to advance research on cloud computing, machine learning and automation, and big data

Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced a collaborative research and education agreement with Boston University (BU), an internationally recognized institution of higher education and research, to advance research and education on open source and emerging technologies, including cloud computing, machine learning and automation, and big data. Via the five-year agreement, Red Hat plans a broad educational and research collaboration with BU with grants totaling $5 million administered by BU’s Cloud Computing Initiative.

Hosted within the Hariri Institute for Computing and Computational Science & Engineering, Boston University’s Cloud Computing Initiative (CCI) is dedicated to leading integrated initiatives in research, education, and technology development targeting all layers of the cloud computing ecosystem. The CCI pursues projects that provide the impetus for collaboration and advancement by not only involving members of BU’s academic community, but also industry leaders such as Red Hat, and users of prototypical applications whose needs may not be met by existing cloud platforms.

Red Hat, recognized as one of the world’s most innovative companies, has become synonymous with open source and is also a leader in emerging technologies, including hybrid cloud computing and Linux containers. In September 2016, Red Hat announced plans for a new facility in Boston to showcase and advance open source innovation.

Through the collaboration - spanning research, incubated projects, and fellowship and internship programs for students and visiting scientists - Red Hat and Boston University aim to advance research projects focused on emerging technologies, including open source operating systems, cloud computing technologies and services, machine learning and automation, and big data platforms. A fundamental goal of the collaboration is to combine the strengths of research and open source innovation, developing techniques and best practices to integrate the rigor and focus of academic research with the power of community-powered open source innovation.

The agreement includes plans for:

  • Red Hat Emerging Technology Lab at BU (RHET Lab@BU), aiming to provide a platform for exploratory development and research projects. RHET Lab@BU will support research projects from the broad Red Hat and BU research communities, and each project is expected to include participants from academia and Red Hat, bringing broader perspective to emerging technology research.
  • Red Hat Graduate Fellows, providing funding for Ph.D. fellowships during the five years of the collaboration. Awarded to select applicants from BU’s Electrical and Computer Engineering and Computer Science Ph.D. programs, Red Hat Graduate Fellows will have an opportunity to participate in one or more paid summer internships at Red Hat and spend a significant portion of their time working in the dedicated Red Hat Research spaces, both at BU and at Red Hat’s new Boston facility.
  • Red Hat Postdoctoral and Visiting Scientist Fellowships, providing support for both full- and part-time postdoctoral and visiting scientists for up to two years, and enabling non-BU academic researchers, including those from universities engaged in the Massachusetts Open Cloud (MOC). The Fellows will be expected to organize a Red Hat Cloud Computing Colloquium, including talks and workshops that include researchers, students, and various industry leaders.

This collaboration with BU is an outgrowth of Red Hat’s multi-year collaboration with the Massachusetts Open Cloud (MOC). Hosted by the CCI, the MOC is a collaboration between the Commonwealth of Massachusetts, universities (including Boston University, Harvard University, Northeastern University, the Massachusetts Institute of Technology (MIT), and the University of Massachusetts) and industry to create an open cloud where multiple entities can offer computing resources and services and collaborate on various projects.

Supporting Quotes

Paul Cormier, president, Products and Technologies, Red Hat

“When we announced plans for a new facility in Boston, we also made a commitment to become an active part of Boston’s thriving tech community and to help develop the next generation of open source talent in collaboration with the city’s world-class universities. This grant and collaboration with Boston University is designed to achieve just that, while also helping to keep Red Hat at the forefront of open source innovation. We are excited about the potential that this broad collaboration holds.”

Dr. Robert A. Brown, Boston University President

“We’re very pleased to launch this partnership. Red Hat is in the vanguard of innovation in open source and cloud-based computing, as are our researchers at the Hariri Institute. I am confident that our collaboration can result in important breakthroughs that impact real-world application.”

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About Red Hat, Inc.

Red Hat is the world's leading provider of open source software solutions, using a community-powered approach to provide reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. As a connective hub in a global network of enterprises, partners, and open source communities, Red Hat helps create relevant, innovative technologies that liberate resources for growth and prepare customers for the future of IT. Learn more at http://www.redhat.com.

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Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: risks related to the ability of the Company to compete effectively; the ability to deliver and stimulate demand for new products and technological innovations on a timely basis; delays or reductions in information technology spending; the integration of acquisitions and the ability to market successfully acquired technologies and products; fluctuations in exchange rates; the effects of industry consolidation; uncertainty and adverse results in litigation and related settlements; the inability to adequately protect Company intellectual property and the potential for infringement or breach of license claims of or relating to third party intellectual property; risks related to data and information security vulnerabilities; the ability to meet financial and operational challenges encountered in our international operations; ineffective management of, and control over, the Company's growth and international operations; and changes in and a dependence on key personnel, as well as other factors contained in our most recent Quarterly Report on Form 10-Q (copies of which may be accessed through the Securities and Exchange Commission's website at http://www.sec.gov), including those found therein under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations". In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic and political conditions, governmental and public policy changes and the impact of natural disasters such as earthquakes and floods. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this press release.

Red Hat and the Shadowman logo are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries. Linux® is the registered trademark of Linus Torvalds in the U.S. and other countries.

The use of the word “partnership” does not mean a legal partnership or any other form of legal relationship between Boston University and Red Hat, Inc.

Red Hat, Inc.Stephanie Wonderlick, +1 571-421-8169swonderl@redhat.com

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