What is the Value of Red Hat's Patents?
Open Source software and patents aren't exactly the best of friends. That fact has not stopped enterprise Linux leader Red Hat (NYSE:RHT) from assembling one of the strongest patent portfolios in the IT business.
According to a recent study from The Patent Board, Red Hat's patent portfolio is now ranked 50th in the Information Technology category. The top patent holder in the IT category is IBM. Red Hat's position at number 50 is a 16 spot jump since November of 2010. Red Hat now holds 137 granted U.S. patents as part of its intellectual property portfolio.
"Open source is Red Hat's mission, and our patent program is done for the purpose of protecting and defending Red Hat and open source," Rob Tiller, assistant general counsel and vice president, IP at Red Hat told InternetNews.com. "The patents relate to a variety of technologies."
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