Red Hat Acquires FeedHenry for $82 Million to Advance Mobile Development
Sep 18, 2014, 13:00 (0 Talkback[s])
(Other stories by Sean Michael Kerner)
How to Help Your Business Become an AI Early Adopter
Red Hat's JBoss developer tools division has always focused on enterprise development, but hasn't always been focused on mobile. Today that will start to change as Red Hat announced its intention to acquire mobile development vendor FeedHenry for $82 million in cash. The deal is set to close in the third quarter of Red Hat's fiscal 2015. Red Hat is set to disclose its second quarter fiscal 2015 earning at 4 ET today.