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Red Hat Set to Integrate ManageIQ with CloudForms for Cloud Management

Red Hat today announced that it has officially closed on the $104 million acquisition of ManageIQ. The deal was first announced in December of 2012.

With the deal now closed, Red Hat has revealed what it plans to do with ManageIQ. The roadmap includes merging the ManageIQ product and its capabilities into Red Hat CloudForms as well as open sourcing the technology.