Red Hat to acquire JBoss
Linux distribution vendor Red Hat Inc., of Raleigh N.C., announced today
that it plans to acquire JBoss Inc., of Atlanta, for approximately $350 million. Like Red Hat, JBoss offers open source software
along with enterprise-level subscription-based support.
With JBoss under the company's belt, Red Hat executives are hoping Red Hat will have more to offer in the arena of service oriented-architectures
. JBoss offers a popular open source Java application server, along with portal and middleware software.
Matthew Szulik, chairman and CEO of Red Hat, noted during a conference call announcing the acquisition that "component-based applications architectures have become the goal," of many of the company's customers. For this approach, JBoss has "a modular, lightweight foundation [that can] deliver to customers a common set of capabilities such as lifecycle and dependency management; hot, rapid deployment; and management of Java development environment," he said.
JBoss will remain an independent subsidiary within Red Hat, said Marc Fleury, CEO of JBoss, during the call.Posted by Joab Jackson
Posted by Brad Grimes, Joab Jackson on Apr 10, 2006 at 9:39 AM