Red Hat Inc

In the last seven years, Red Hat has met or exceeded analysts’ expectations each quarter with few exceptions.

As of December 26, 2017, Microsoft (MSFT), with a market cap exceeding $650 billion, continued to be the largest software player. Oracle came in second.

Red Hat (RHT), a leading Linux software and open-source provider, was the latest in the technology space to announce its fiscal 4Q16 earnings.

The 13F filing showed that George Soros bought almost 500,000 Slack (WORK) shares at an average price of $37.5 per share during the second quarter.

Microsoft (MSFT) recently announced that it had bought education data management platform DataSense from BrightBytes.

In October, IBM (IBM) shocked the world by acquiring Red Hat (RHT) for $34 billion, marking its largest acquisition to date.

Red Hat’s dominant presence in the Linux space will further enable it to cross-sell its OpenStack to new and existing clients as hybrid cloud adoption increases.

As of January 25, 2017, Microsoft continues to be the largest software player by market capitalization on a global scale.

Oracle was trading at a forward EV-to-EBITDA multiple of ~8.3x on December 8, 2016. This metric was lower than Microsoft’s multiple of ~10.3x.

Of the 38 analyst recommendations on Microsoft’s stock, 60.5% were “buys” as of April 6. Meanwhile, ~29% of recommendations were “holds.” The remaining ~10.5% of recommendations on the stock were “sells.”

As of April 6, 2016, Microsoft was the largest software player by market capitalization on a global scale. It was followed by Oracle (ORCL).

Qualcomm (QCOM) has stated that its total SAM (serviceable addressable market) is expected to grow from $23 billion in 2015 to about $100 billion in 2020.

R&D costs typically form 10%–20% of the revenues for software companies.