Utilize the input text as a context reference, choose the right relationship between Red Hat and IBM from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

NEW YORK (TheStreet) -- New initiatives are underway to attract even more technology jobs to Raleigh, North Carolina, where tech companies including IBM , Citrix and Red Hat already have operations.

Answer: parent_organization