Sunday, February 01, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
South Korea's Antitrust Authority Aims At Google, Apple
Bill Gates Sees Future In Robots
Pirate Bay Back Online
ASUS Announces The B85M-Gamer Mainboard
AT&T, Verizon Among Winners Of US Airwaves Auction
Apple Closes the Gap on Samsung Fourth Quarter's Worldwide Smartphone Shipments
Verizon To Let Users Opt Out Supercookies
Microsoft Outlines Windows 10 Options For The Enterprise
Active Discussions
Why Double Logins ?
retrieving burned cd information
Writing Audio files on DVDs ?
Need major help with Gigabeat
New match-3 puzzle game launch now!
Rimage 2000i
Sound card for my Laptop
hello
 Home > News > General Computing > Red Hat...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, April 11, 2006
Red Hat Acquires JBoss for $350M


Linux distributor Red Hat announced on Monday the purchase of opensource company JBoss for minimum $350 Million to expand the company's production line to an open source Java application server and gain a new revenue stream.

The transaction which is expected to close at the end of May will be 40% cash and 60% Red Hat stock, with an additional $70M owed, subject to financial performance and could reach a total of $420 million if JBoss meets certain financial targets.

In a statement, Matthew Szulik, Red Hat chairman and CEO said the two companies' business models and beliefs are "fully aligned". Both Red Hat and JBoss charge customers a subsciption fee for products and ongoing support, rather than an up-front license fee. According to the agreement. JBoss will become an independent division of Red Hat.

"The open source development model continues to change the economics of enterprise IT in favour of the customer, and we truly believe in the potential of software innovation, once freed from the fetters of proprietary development," Szulik said.

With the acquisition, Red Hat gains a popular open source Java application server, used for running custom business applications written in Java, and a more substantial offering for Java developers. JBoss is assembling a suite of open source Java middleware, including a portal, messaging and a transaction server. JBoss has a strong base in Europe and in the U.S.

Red Hat currently sells support for Jonas, a competing open source application server, from a French consortium called ObjectWeb. Red Hat and JBoss had tried to come to terms on a partnership around the JBoss application server but were unable to, JBoss executives have said.

Furthermore, JBoss? popularity amongst users of non-Red Hat platforms, especially Windows Server could complicate channel strategy. Indeed, last September Microsoft and JBoss announced a partnership. Microsoft has its own application server, Internet Information Server, that is tightly integrated into its .Net platform. But during Monday's announcement, JBoss said that half of its customers run its Java Enterprise Middleware System (JEMS) with Windows Server.

According to industry sources, Red Hat's purchase of JBoss could result in Red Hat partners such as IBM beginning or expanding relationships with other Linux distribution players,like Novell for instance.


Previous
Next
TDK Launches a 1005-Size Phase Shifter for 3G Cellular Phones        All News        Google Buys New Search Technology
Silicon Image to Port HDMI Receiver IP Core to UMC's 90nm Process Technology     General Computing News      Google Buys New Search Technology

Get RSS feed Easy Print E-Mail this Message

Related News
Red Hat, IBM Blast IP Litigation

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .