Welcome!

FinTech Journal Authors: Elizabeth White, Pat Romanski, Liz McMillan, Yeshim Deniz, Ed Featherston

News Feed Item

Black Duck Software CEO Tim Yeaton Rejoins Red Hat to Lead Newly-Formed Infrastructure Group

Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, today announced that Tim Yeaton, former chief executive officer of Black Duck Software and a onetime Red Hat executive, has rejoined Red Hat in the newly-created position of senior vice president, Infrastructure Group. In this capacity, Yeaton will oversee the products and programs that are driving Red Hat’s infrastructure and Infrastructure-as-a-Service (IaaS) business, including the Platform, Virtualization and OpenStack businesses, and Red Hat’s Cloud Management product line. Yeaton joins Red Hat as the company realigns its existing Products and Technologies organization to take advantage of technology convergence – from Linux and OpenStack to middleware and Platform-as-a-Service (PaaS) – and capitalize on growing interest in open hybrid cloud.

In addition to the Infrastructure Group led by Yeaton, Red Hat also today appointed its longtime Middleware general manager, Craig Muzilla, as senior vice president of the company’s newly-formed Applications Platform Group. In his new role, Muzilla will be responsible for Red Hat’s developer-focused products and programs, including Red Hat JBoss Middleware and OpenShift by Red Hat, the company’s PaaS offering. As head of Red Hat’s Middleware business, Muzilla has been instrumental in helping to drive Red Hat's multi-product strategy and diverse portfolio, establish Red Hat as one of the industry's top middleware providers, greatly expand the company's middleware offerings, and increase its presence among developers. Red Hat’s Storage and Big Data team will continue to operate as a separate business, led by Sarangan Rangachari.

Yeaton brings more than 30 years of software and technology management experience to his new role at Red Hat. Under Yeaton’s leadership as its CEO, Black Duck has experienced more than 30 percent annualized year-over-year growth, completed three major acquisitions, created a joint venture in greater China, and built a worldwide operation with a presence in 23 countries. Prior to joining Black Duck, Yeaton was chief marketing officer at EqualLogic until its acquisition by Dell in 2008, and as Dell’s Vice President of the Nashua (N.H.) Design Center, he led the integration of the two companies and managed Dell’s operations in the region.

Prior to EqualLogic, Yeaton spent several years at Red Hat as senior vice president of Worldwide Marketing and general manager of Enterprise Solutions. During his first tenure at Red Hat, Yeaton was instrumental in expanding the company’s business into the developer and middleware markets with acquisitions of JBoss and MetaMatrix, and built go-to-market partnerships with companies including IBM, HP, Dell, Oracle, and several others.

Earlier in his career, Yeaton was president, CEO and director of Avaki Corporation, a venture-backed data management software company acquired by Sybase (now part of SAP). Before Avaki he was senior vice president and general manager of the Server Products Division at Macromedia (now part of Adobe), via its acquisition of Allaire where he served as senior vice president of Products. Tim spent the early part of his career at Compaq and Digital Equipment Corporation, including a role as vice president and general manager of Compaq’s UNIX/Linux and Middleware Software Division, where he drove Compaq’s pre-IPO investment in Red Hat.

In 2009 Yeaton was named one of the Most Influential People in the Open Source Software Industry, in a survey by Mindtouch. In 2010 he was named a COPU Think Tank Advisor, which recognizes the key global thought leaders in open source software. Also in 2010, the Mass. Technology Leadership Council named Yeaton a finalist for CEO of the Year.

Supporting Quotes

Paul Cormier, president, Products and Technologies, Red Hat

“Over the last decade, open source and Linux have moved from a pure commodity play in the enterprise to the defining software development model in the industry. The cloud, and cloud-style computing, would simply not exist as we know them today without Linux and open source. Red Hat is in the unique position of driving many of the significant open source community projects that are driving next-generation enterprise technologies, and also bringing them to market. By realigning our Products and Technologies organization, we’re well-positioned for success in driving these next-gen infrastructure, IaaS, and developer offerings. I’m thrilled to welcome Tim back to Red Hat at this exciting time to lead our Infrastructure Group, and to congratulate Craig as he steps into a new role leading our Applications Platform Group.”

Tim Yeaton, senior vice president, Infrastructure Group, Red Hat

“The IT industry is at its most dramatic architectural inflection point since the advent of client-server computing two decades ago – the emergence of cloud-based computing. Most of the innovation happening in cloud infrastructure, as well as in cloud enablement such as big data, mobility, cloud management, etc., is being catalyzed by open source technologies and community-driven development. Red Hat has an incredible opportunity to lead these shifts in IT, and its open hybrid cloud vision resonates strongly with many enterprise IT customers I’ve worked with over the last five years while at Black Duck. For me, the opportunity to rejoin Red Hat and lead the Group at the core of these industry changes is a once-in-a-lifetime one, and I’m very excited to be back at Red Hat and helping to drive the realization of the open hybrid cloud vision.”

Connect with Red Hat

About Red Hat, Inc.

Red Hat is the world’s leading provider of open source software solutions, taking a community-powered approach to reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. As the 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.

Forward-Looking Statements

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 delays or reductions in information technology spending; the effects of industry consolidation; the ability of the Company to compete effectively; the integration of acquisitions and the ability to market successfully acquired technologies and products; 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; the ability to deliver and stimulate demand for new products and technological innovations on a timely basis; risks related to data and information security vulnerabilities; ineffective management of, and control over, the Company's growth and international operations; fluctuations in exchange rates; and changes in and a dependence on key personnel, as well as other factors contained in our most recent Annual Report on Form 10-K (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, Red Hat Enterprise Linux, the Shadowman logo, and JBoss are trademarks of Red Hat, Inc., registered in the U.S. and other countries. Linux® is the registered trademark of Linus Torvalds in the U.S. and other countries. The OpenStack mark is either a registered trademark/service mark or trademark/service mark of the OpenStack Foundation, in the United States and other countries, and is used with the OpenStack Foundation's permission. We are not affiliated with, endorsed or sponsored by the OpenStack Foundation, or the OpenStack community.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
Michael Maximilien, better known as max or Dr. Max, is a computer scientist with IBM. At IBM Research Triangle Park, he was a principal engineer for the worldwide industry point-of-sale standard: JavaPOS. At IBM Research, some highlights include pioneering research on semantic Web services, mashups, and cloud computing, and platform-as-a-service. He joined the IBM Cloud Labs in 2014 and works closely with Pivotal Inc., to help make the Cloud Found the best PaaS.
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
The Founder of NostaLab and a member of the Google Health Advisory Board, John is a unique combination of strategic thinker, marketer and entrepreneur. His career was built on the "science of advertising" combining strategy, creativity and marketing for industry-leading results. Combined with his ability to communicate complicated scientific concepts in a way that consumers and scientists alike can appreciate, John is a sought-after speaker for conferences on the forefront of healthcare science,...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Archi...
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settl...
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
DXWorldEXPO LLC announced today that the upcoming DXWorldEXPO | CloudEXPO New York event will feature 10 companies from Poland to participate at the "Poland Digital Transformation Pavilion" on November 12-13, 2018.
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
The best way to leverage your CloudEXPO | DXWorldEXPO presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering CloudEXPO | DXWorldEXPO will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at CloudEXPO. Product announcements during our show provide your company with the most reach through our targeted audienc...
JETRO showcased Japan Digital Transformation Pavilion at SYS-CON's 21st International Cloud Expo® at the Santa Clara Convention Center in Santa Clara, CA. The Japan External Trade Organization (JETRO) is a non-profit organization that provides business support services to companies expanding to Japan. With the support of JETRO's dedicated staff, clients can incorporate their business; receive visa, immigration, and HR support; find dedicated office space; identify local government subsidies; get...
DXWorldEXPO LLC announced today that All in Mobile, a mobile app development company from Poland, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. All In Mobile is a mobile app development company from Poland. Since 2014, they maintain passion for developing mobile applications for enterprises and startups worldwide.
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...