Red Hat, a developer of open source software based in North Carolina, is expanding its headquarters in Raleigh and creating 540 jobs. The company serves businesses, the government, and other organizations.
"North Carolina has been a strategic partner to Red Hat for more than a decade. The talent base we've been able to attract headquartered in this state has been phenomenal," said Jim Whitehurst, Red Hat president and CEO. "We look forward to future growth and expansion within Wake County and on a global basis. It's an incredibly exciting time for Red Hat and its employees."
The project will include an expansion of the current headquarters and growth of new technologies such as cloud computing and software virtualization. Red Hat will invest $109 million in the expansion.
The state will extend Job Development Investment Grants (JDIG) to Red Hat towards the project.