Linux supplier Red Hat has completed the acquisition of open source middleware firm JBoss in a deal worth £187m,...
plus an extra £38m if future sales targets are met.
The deal will bring together Red Hat’s enterprise infrastructure portfolio with standards-based middleware technologies, in a move the companies say will help accelerate the shift to open source service oriented architectures.
The acquisition will cause waves among software suppliers, according to Goldman Sachs.
The investment banking and research firm said the acquisition
“begins Red Hat’s migration up the infrastructure software stack and leads it into direct competition with Oracle and IBM, two important partners of Red Hat”.