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

[ 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