RedHat Will Drive Java Development

Red Hat announced the transition of leadership of OpenJDK 8 and OpenJDK 11 over from Oracle.

Recently, Red Hat announced that it will serve as the steward of the OpenJDK 8 and OpenJDK 11 projects following a transition of leadership from Oracle.
RedHat Will Drive Java Development 
Source: Red Hat 
Interestingly, Red Hat has already been the steward of OpenJDK 6 since 2013 and OpenJDK 7 since 2015.
Red Hat became a member of the OpenJDK community in 2007 and since then has been one of the largest contributors to the project. Andrew Haley, Red Hat’s long-time Java technical lead, was given project lead position for OpenJDK 8 and OpenJDK 11 in February 2019.
Haley has served as an active member of the OpenJDK governing board for last seven years and, in this capacity, helps to guide the future direction of Java and OpenJDK.
Michael Azoff from Ovum Research noted "My guess is we can expect more news on the transition of Java stewardship over the next few years and I believe Red Hat is a safe pair of hands to take on that role. It’s also a better fit with Java being open source and Red Hat being a leader in the open source software community."
Apart from its work within individual OpenJDK communities, Red Hat also leads the upstream development of Shenandoah - a high-performance garbage collector which is now part of OpenJDK 12.
Earlier, in December 2018, Red Hat had announced commercial support for OpenJDK on Microsoft Windows. Red Hat is expected to launch OpenJDK in a Microsoft installer in the coming weeks and distribute IcedTea-Web.
"Java is in a renaissance moment. It continues to evolve and be a key component of new, emerging architectures. There is a developer hunger to bring Java into the next generation of development, and Red Hat is a leader in this movement through our involvement in the OpenJDK project. We are helping to lead the way in our efforts to enable users of JDK to have support and innovation in their existing environments. Red Hat remains committed to Java and is excited to have the opportunity to help steward the OpenJDK community." said Mike Piech, vice president and general manager, Middleware, Red Hat
You can visit the official announcement here.