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CNET News.com: Red Hat to buy e-commerce software firm

Written By
thumbnail
Web Webster
Web Webster
Jan 5, 2000

[ Thanks to Dave
Whitinger
for this link. ]

“Linux firm Red Hat today said it has agreed to buy e-commerce
software company Hell’s Kitchen Systems in a stock deal worth about
$86 million.”

“Red Hat, which sells Linux operating system software, said it
will fold Hell’s Kitchen Systems’ (HKS) e-commerce payment
processing software into its offerings. Linux is an open-source
operating system based on Unix and available for free or very low
cost from several companies….”

“Red Hat’s global reach and brand recognition delivers HKS’
e-commerce software to the open source servers running the world’s
Internet infrastructure,” Red Hat chief executive Matthew Szulik
said in a statement. “The acquisition of HKS is another key
addition to Red Hat’s strategy to create a next-generation software
company spanning powerful servers, Internet infrastructure and
pervasive, post-PC-centric computing platforms.


Complete Story

thumbnail
Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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