Reuters/CNET News: Red Hat Scoops Up JBoss | Linux Today
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Reuters/CNET News: Red Hat Scoops Up JBoss

Written By
Web Webster
Web Webster
Apr 10, 2006

“Red Hat, a distributor of Linux software, said on Monday that
it will acquire open-source middleware company JBoss for an initial
$350 million.

“The transaction consists of 40 percent cash, with the balance
in common stock, Red Hat said in a statement. The company said it
will also pay about $70 million more, if certain performance
metrics are achieved…”


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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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