InternetNews.com: Red Hat, Bluecurve Pen Deal

By Carol King, InternetNews.com

Linux player Red Hat Inc.
Wednesday purchased Bluecurve
, a privately-held provider of performance management

Bluecurve’s software allow customers to simulate and measure the
load that transactions and other user activity place on networks
and appliations. That data can be used by businesses to more
accurately plan and scale their infrastructure. Red Hat (RHAT)
plans to use the software to create a new Web-based subscription
service that will help companies build scalable Internet

Red Hat will issue up to 1.25 million shares of common stock in
exchange for all outstanding Bluecurve equity. The transaction will
be valued based on an average closing price of Red Hats common
shares for a five-day period ending April 24. The deal is expected
to close in July.

Matthew Szulik, RedHat’s president and chief executive officer,
said the acquisition of Bluecurve will help the company’s customers
better manage Linux servers.

“We will be able to deliver a very powerful performance
management solution to help todays e-businesses automatically and
proactively monitor their Internet infrastructure,” he said.

The new Web-based offering will be launched on redhat.com.