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RALEIGH, N.C.--(BUSINESS WIRE)--April 10, 2006--Red Hat, Inc. (NASDAQ: RHAT - News), the world's leading provider of open source solutions to the enterprise, today announced that it has entered into a definitive agreement to acquire JBoss, the global leader in open source middleware. By acquiring JBoss, Red Hat expects to accelerate the shift to service-oriented architectures (SOA), by enabling the next generation of web-enabled applications running on a low-cost, open source platform.... Red Hat will acquire JBoss for approximately $350 million …
4787 Days ago
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Aggressive acquisitions by Oracle and others could co-opt the movement...... Yet in recent weeks the open-source community has been thrown into tumult. Software giant Oracle Corp. has acquired two small open-source companies and is in negotiations to buy at least one more. Many experts believe this is the beginning of a broader trend in which established tech companies scoop up promising open-source startups.Read more Here at Businessweek …
4823 Days ago
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Commercial software giants such as Oracle and IBM are moving deeper into and changing the face of the open source community by snapping up start-ups. Though arguably in its early stages, the trend is accelerating. Last week Oracle announced it would buy open source database vendor Sleepycat Software, and rumors continue to swirl about its interest in JBoss, one of the leading open source application server firms.Read More at NetworkWorld …
4832 Days ago