[ Thanks to LinuxDevices.com for this link.
]
“Red Hat has announced an agreement to purchase
privately-held WireSpeed Communications Corporation (Huntsville,
AL), for approximately 1.5M shares of Red Hat stock. WireSpeed, a
developer of network and telecommunications software components for
embedded systems, will be integrated into Red Hat’s Client Services
Group. That group is chartered to provide custom engineering
services to developing next-generation Internet infrastructure
solutions, including appliances, handhelds, and other post-PC and
deeply embedded devices. The acquisition is expected to be
completed by July 31, 2000.”
“WireSpeed is a developer of Linux based network and
telecommunications software for embedded systems. WireSpeed’s
clients include semiconductor, Internet device, and industrial
control product manufacturers, including companies like
Hewlett-Packard, Interphase, NETsilicon, STMicroelectronics, and
Time Domain Corporation.”
“Regarding the acquisition, Red Hat president and CEO Matthew
Szulik said “the addition of WireSpeed’s embedded development
expertise helps Red Hat continue to meet the tremendous demand for
embedded development. Wirespeed’s expertise in telecommunications
and networking for embedded systems also strengthens Red Hat’s
position as the technology and market leader for Open Source
Internet Infrastructure solutions ranging from powerful servers to
the smallest embedded devices.”