Red Hat Completes Acquisition of JBoss

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June 6th, 2006 Leave a comment Visited 25 times, 1 so far today

Red Hat Completes Acquisition of JBoss

Red Hat (NASDAQ: RHAT), the world’s leading provider of open source solutions to the enterprise, today announced the completion of its acquisition of JBoss, Inc. By acquiring JBoss, the global leader in open source middleware, Red Hat is now positioned to accelerate the shift to service-oriented architectures (SOA) and enable the next generation of web-enabled applications running on a low-cost, secure open source platform.

“Red Hat’s acquisition of JBoss reflects a desire by our global customers to accelerate and expand the use of open source in the enterprise,” said Matthew Szulik, Chairman and CEO, Red Hat. “The innovation and value of the open source platform continues to transform the performance of the twenty-first century enterprise.”

With today’s announcement, JBoss will become a division of Red Hat with a common business model of delivering and providing production support of open source software. Customers will now have access to a single, proven global production support organization that can service both Red Hat and JBoss customers, in addition to procuring JBoss offerings through the established global channels of Red Hat. With this acquisition, Red Hat continues to lead the widespread adoption of open source solutions for the enterprise, demonstrating the power of its development model to create innovative, high quality software, while simultaneously providing flexible and cost-effective solutions for customers.

Marc Fleury, founder and former CEO of JBoss and now Senior Vice President and General Manager of the JBoss division of Red Hat, noted: “Joining forces with Red Hat makes absolute sense for JBoss employees, customers, partners and the community as a whole. We share a common passion for innovation, technology and open source. Red Hat will give JBoss a platform to grow, so we can both continue to deliver exceptional open source products, services and customer value. I am personally very excited to help further drive the adoption of our market-leading solutions.”

Read the complete Press Release





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