The software company signed a five-year deal for naming rights at the 6,000-seat downtown Raleigh Amphitheater. The announcement was made by the Raleigh City Council Tuesday.
The venue will officially be called the Red Hat Amphitheater.
"Red Hat is proud to collaborate with the City of Raleigh, " said Jackie Yeaney, executive vice president of Strategy and Marketing at Red Hat. "Red Hat's mission is to be a catalyst in our communities and we're hoping that with this collaboration, we'll be able to help fuel the continued growth of Downtown Raleigh."
Bud Light originally had the naming rights back in 2010 but a state law prevented the city from selling permanent naming rights to an alcohol company.